15058 NW Central DrPortlandOR97229
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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 15058 NW Central Dr, Portland, OR, 97229 uses $62,654 cash to close to unlock $4,215/yr annual cash flow and $351/mo monthly cash flow. Total monthly income runs $1,492/mo, and a $925/mo payment keeps the spread at $351/mo. Purchase price stands at $189,000, and rental yield measures 9.47% with $1,492/mo rent. Return on cash invested shows 26.64% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 138.76% and total cumulative return in cash records $86,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,492/mo property income covering a $925/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97229, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,595 (100%) |
| Owner Occupied HU | 19,842 (69.4%) |
| Renter Occupied HU | 7,682 (26.9%) |
| Vacant Housing Units | 1,071 ( 3.7%) |
| Median Home Value | $780,837 |
| Average Home Value | $818,718 |
Housing Distribution
Address Breakdown
Residential
28,709
Single Family
26,480
Multi-Family
2,229
Businesses
508
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