15490 NW Tee Ct, Portland, OR, 97229 | $132/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Portland at 15490 NW Tee Ct, Portland, OR, 97229 earns $132/mo cash flow from $3,300/mo rent with a $2,569/mo payment. Total monthly income totals $3,300/mo, and annual cash flow totals $1,581/yr on $172,692 capital. ROI tracks 20.98% on current figures, and rental yield reads 7.54% at a $524,900 purchase. Equity gained on principal adds $3,387/yr, and 5% annual appreciation supports $145,020 over five years. Five-year ROI reaches 108.33% and total cumulative return in cash sums $187,069. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,300/mo property income instead of your personal income.

Townhouse

Built in 1997

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

OPEN Sat/Sun 10/11&12 11am-1pm* Backing to greenspace with sunny southern exposure, this coveted END-UNIT townhome offers privacy, natural light, and active 55+ living. The hardwood entry opens to a vaulted great room with fireplace, hardwood floors, plantation shutters, and picture windows. The gourmet kitchen features slab granite counters, subway tile backsplash, undermount sink, stainless steel appliances, gas range, built in microwave, hardwood floors and a breakfast nook. A utility room with laundry and a pantry off the kitchen connects to the spacious two-car garage. The main-level primary suite includes a walk-in closet, and private bath with walk-in/roll-in shower and greenspace views. A main floor powder room and linen closet complete the main level. Upstairs, a lofted bonus area works well as an office or den, and the second ensuite bedroom includes coved ceilings, walk-in closet, and full bath. Additional storage includes a walk-in finished space and a crawl space under the house (accessed from under the deck). Just steps from Claremonts main and Greens Clubhouses, golf course, putting green, pool, tennis, and pickleball courts, and minutes from Bethany Village shopping, dining, fitness, and healthcare, this is a rare opportunity in a sought-after community.

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