16500 NW Canton StPortlandOR97229
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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 16500 NW Canton St, Portland, OR, 97229 listed at $905,000 pairs $3,130/mo rent with a $4,430/mo payment. Total monthly income runs $3,130/mo. Return on cash invested measures 10.02% in year one, and rental yield registers 4.15% at a $905,000 basis. Equity gained on principal adds $5,840/yr, and annual property appreciation at 5% supports $250,035 by year five. Five-year ROI tracks 49.83% and total cumulative return in cash totals $148,353. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,130/mo property income relative to a $4,430/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
4,791 sqft lot
$N/A/sqft
No HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
28,709
Single Family
26,480
Multi-Family
2,229
Businesses
508
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $905,000 |
| 2011-09-27 | Sold | $544,184 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $10668.31 | 6.81% | $567,300 | 3.00% |
| 2023-06-27 | $9987.89 | 3.37% | $550,780 | 3.00% |
| 2022-06-27 | $9661.87 | 3.75% | $534,740 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2010
- Architectural Style: Craftsman
- Building Area: 2,928
- Living Area: 2,928 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Forced Air
- Cooling: Central Air
- Flooring: Engineered Hardwood, Tile, Wall to Wall Carpet
- Interior Features: Granite, High Speed Internet, Soaking Tub, Kitchen Island
- Exterior Features: Garden, Water Feature, Yard
- Parking Features: Driveway, On Street, Garage Door Opener, Attached, Extra Deep Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: Basketball Court, Commons, Front Yard Landscaping, Internet, Maintenance Grounds, Management, Pool, Recreation Facilities
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Springville
- Middle School: Stoller
- High School: Westview
Listed by: Brandon King • Keller Williams PDX Central
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #296246509
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 2025-06-27 11:27:33 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.