17970 NW Andria Ave, Portland, OR, 97229 | $596/mo Cash Flow

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17970 NW Andria Ave, Portland, OR, 97229 | $596/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Portland at 17970 NW Andria Ave, Portland, OR, 97229 offers a 8.94% rental yield on a $419,900 purchase with $3,130/mo rent. Total monthly income registers $3,130/mo, and a $2,055/mo payment leaves $596/mo available for distribution. Annual cash flow reaches $7,147/yr on $139,197 to close, and return on cash invested stands at 25.04% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 130.18% and total cumulative return in cash at $181,212. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,130/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Somerset West - Cute one level ranch home in a great location with dream backyard. Fresh exterior paint and a large, private backyard with mature landscaping set the tone. A two-car attached garage and backyard shed add extra storage and flexibility for projects or gear. Key updates are already in place, from the water heater to the windows, along with a newer furnace and updated flooring. Inside, the layout is well-planned with good natural light in the main living areas. Tucked on a quiet road, this property is close to Somerset West Swim Center, Somerset Meadows Park, schools, shopping, and everyday conveniences.

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