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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Portland at 15985 SW Bluewater Ter, Portland, OR, 97224 generates $3,958/mo in rent, after a $3,916/mo payment. Total monthly income is $3,958/mo. Return on cash invested sits at 15.58% in year one, and rental yield is 5.94% on a $799,990 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $221,022 over five years. Five-year ROI reaches 79.56% and total cumulative return in cash sums $209,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,958/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$112 monthly HOA
Neighborhood data shown for ZIP Code: 97224, Portland, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,474 (100%) |
| Owner Occupied HU | 11,629 (66.6%) |
| Renter Occupied HU | 5,149 (29.5%) |
| Vacant Housing Units | 696 ( 4.0%) |
| Median Home Value | $648,654 |
| Average Home Value | $667,976 |
Residential
16,278
Single Family
13,450
Multi-Family
2,828
Businesses
922
Date | Event | Price |
|---|---|---|
| 2025-10-24 | Price change | $799,990 |
| 2025-10-18 | Price change | $798,040 |
| 2025-10-17 | Price change | $799,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Desirae Carroll • Pulte Homes of Oregon
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #170237193
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-10-24 06:49:11 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
