1503 N Hayden Island Dr UNIT 96PortlandOR97217
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Portland at 1503 N Hayden Island Dr UNIT 96, Portland, OR, 97217 uses $59,637 cash to close to unlock $3,655/yr annual cash flow and $305/mo monthly cash flow. Total monthly income runs $1,391/mo, and a $881/mo payment keeps the spread at $305/mo. Purchase price stands at $179,900, and rental yield measures 9.28% with $1,391/mo rent. Return on cash invested shows 26.04% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 135.54% and total cumulative return in cash records $80,829. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,391/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97217, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,848 (100%) |
| Owner Occupied HU | 9,409 (49.9%) |
| Renter Occupied HU | 7,480 (39.7%) |
| Vacant Housing Units | 1,959 (10.4%) |
| Median Home Value | $604,473 |
| Average Home Value | $613,107 |
Housing Distribution
Address Breakdown
Residential
18,497
Single Family
14,772
Multi-Family
3,725
Businesses
1,310
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