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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% |
Investment property for sale in Portland at 17618 NW Springville Rd UNIT A-14, Portland, OR, 97229 uses $124,313 cash to close to unlock $6,190/yr annual cash flow and $516/mo monthly cash flow. Total monthly income runs $2,779/mo, and a $1,835/mo payment keeps the spread at $516/mo. Purchase price stands at $375,000, and rental yield measures 8.89% with $2,779/mo rent. Return on cash invested shows 24.89% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 129.33% and total cumulative return in cash records $160,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,779/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Julie Clark • Engel & Volkers Portland Rose City
Mls Name: RMLS (OR)
Mls ID: #475902156
