17821 SE Morrison CtPortlandOR97233
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 17821 SE Morrison Ct, Portland, OR, 97233 in Portland: $3,032/mo in rent, $319/mo in net income, 8.1% gross yield, 1.50 DSCR, all at $449,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $124,189 in appreciation and $4,140/yr in principal paydown projects total cumulative return of $190,672.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.5% |
| Monthly Cash Flow | $319 | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,032 |
| Total Monthly Debt Service | $2,534 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97233, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,067 (100%) |
| Owner Occupied HU | 6,932 (46.0%) |
| Renter Occupied HU | 7,428 (49.3%) |
| Vacant Housing Units | 707 ( 4.7%) |
| Median Home Value | $439,836 |
| Average Home Value | $484,130 |
Housing Distribution
Address Breakdown
Residential
15,113
Single Family
13,374
Multi-Family
1,739
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1958
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97233, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,067 (100%) |
| Owner Occupied HU | 6,932 (46.0%) |
| Renter Occupied HU | 7,428 (49.3%) |
| Vacant Housing Units | 707 ( 4.7%) |
| Median Home Value | $439,836 |
| Average Home Value | $484,130 |
Housing Distribution
Address Breakdown
Residential
15,113
Single Family
13,374
Multi-Family
1,739
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices