15765 NW Ridgeline St, Portland, OR, 97229 | 3.88% Rental Yield

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15765 NW Ridgeline St, Portland, OR, 97229 | 3.88% Rental Yield | Ziffy

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 15765 NW Ridgeline St, Portland, OR, 97229 listed at $1,285,000 pairs $4,156/mo rent with a $6,289/mo payment. Total monthly income runs $4,156/mo. Return on cash invested measures 9.99% in year one, and rental yield registers 3.88% at a $1,285,000 basis. Equity gained on principal adds $8,292/yr, and annual property appreciation at 5% supports $355,022 by year five. Five-year ROI tracks 49.36% and total cumulative return in cash totals $205,510. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,156/mo property income relative to a $6,289/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2024

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully upgraded Toll Brothers home in the highly sought-after Vista Ridge community in North Bethany. This desirable McCormick Farmhouse floor plan spans three levels and features a daylight basement, offering exceptional space and flexibility for modern living. Just purchased in October 2024, the home is still under the full builder warranty and includes thoughtful upgrades such as hardwood stairs, an extended wooden staircase railing, a large multi-slide stacked glass door leading to the deck, and designer finishes throughout. The gourmet kitchen is a showstopper with a ceramic farmhouse sink, upgraded cabinetry extended to the ceiling, and a cabinet extension for added storage and style. A sleek, upgraded fireplace has also been extended to elevate the main living area. With 6 bedrooms and 5 full bathrooms including an additional full bath in the guest bedroom this home is ideal for multigenerational living or hosting guests. The layout features a bedroom and full bath on the main level, three full baths upstairs, and a private suite with an additional bedroom and bath on the lower level. This move-in ready home is better than new, including A/C, blinds, refrigerator, washer, and dryer. Enjoy a spacious backyard and an unbeatable location directly across from Sato Elementary School, with convenient access to trails, parks, play areas, and additional parking available after school hours. Zoned for top-rated Stoller Middle and Westview High School, this home offers the best value in the community, dont miss this rare opportunity!

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