1575 NE 237th AveTroutdaleOR97060
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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 Troutdale at 1575 NE 237th Ave, Troutdale, OR, 97060 listed at $539,000 pairs $1,694/mo rent with a $2,638/mo payment. Total monthly income runs $1,694/mo. Return on cash invested measures 9.51% in year one, and rental yield registers 3.77% at a $539,000 basis. Equity gained on principal adds $3,478/yr, and annual property appreciation at 5% supports $148,916 by year five. Five-year ROI tracks 46.83% and total cumulative return in cash totals $83,052. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,694/mo property income relative to a $2,638/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1981
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97060, Troutdale, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,051 (100%) |
| Owner Occupied HU | 5,223 (64.9%) |
| Renter Occupied HU | 2,547 (31.6%) |
| Vacant Housing Units | 281 ( 3.5%) |
| Median Home Value | $461,456 |
| Average Home Value | $491,208 |
Housing Distribution
Address Breakdown
Residential
7,871
Single Family
6,780
Multi-Family
1,091
Businesses
638
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