1518 SE Main StPortlandOR97214
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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 1518 SE Main St, Portland, OR, 97214 uses $116,025 cash to close to unlock $10,205/yr annual cash flow and $850/mo monthly cash flow. Total monthly income runs $2,963/mo, and a $1,713/mo payment keeps the spread at $850/mo. Purchase price stands at $350,000, and rental yield measures 10.16% with $2,963/mo rent. Return on cash invested shows 28.7% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 149.82% and total cumulative return in cash records $173,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,963/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 1939
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97214, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,519 (100%) |
| Owner Occupied HU | 4,553 (27.6%) |
| Renter Occupied HU | 10,435 (63.2%) |
| Vacant Housing Units | 1,531 ( 9.3%) |
| Median Home Value | $789,784 |
| Average Home Value | $816,099 |
Housing Distribution
Address Breakdown
Residential
16,195
Single Family
9,983
Multi-Family
6,212
Businesses
2,336
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