








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 1738 NW Larkin Ter, Portland, OR, 97229 priced at $1,100,000 pairs $4,156/mo rent with after a $5,384/mo payment. Total monthly income equals $4,156/mo. Return on cash invested is 11.75% in year one, and rental yield stands at 4.53% on a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and 5% annual appreciation accumulates to $303,910 by year five. Five-year ROI measures 58.91% and total cumulative return in cash reaches $209,947. For financing, Ziffy Mortgage’s DSCR program evaluates $4,156/mo property income against a $5,384/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
4,791 sqft lot
$N/A/sqft
$75 monthly HOA
Neighborhood data shown for ZIP Code: 97229, Portland, OR area.
| 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 |
Residential
28,709
Single Family
26,480
Multi-Family
2,229
Businesses
508
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $1,100,000 |
| 2023-04-21 | Sold | $1,001,162 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $9437.62 | 20.33% | $505,970 | 16.38% |
| 2023-04-25 | $7842.96 | 648.64% | $434,740 | 646.08% |
| 2022-04-25 | $1047.63 | N/A | $58,270 | N/A |



Listed by: Donna Johnson • Cascade Hasson Sotheby's International Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #102992221
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 2025-04-25 11:12:26 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.