1926 W Burnside St UNIT 1202, Portland, OR, 97209 | 6.56% Rental Yield

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1926 W Burnside St UNIT 1202, Portland, OR, 97209 | 6.56% Rental Yield | Ziffy

For Sale

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 1926 W Burnside St UNIT 1202, Portland, OR, 97209 listed at $564,500 pairs $3,088/mo rent with a $2,763/mo payment. Total monthly income runs $3,088/mo. Return on cash invested measures 18% in year one, and rental yield registers 6.56% at a $564,500 basis. Equity gained on principal adds $3,643/yr, and annual property appreciation at 5% supports $155,961 by year five. Five-year ROI tracks 92.36% and total cumulative return in cash totals $171,530. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,088/mo property income relative to a $2,763/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

The Civic is the landmark LEED building on Burnside with the best location, outstanding views, a block to MAX, the Pearl within a couple of blocks and the PARK right there. Elegant, large, easy living space with panoramic views from all aspects of the unit. Large sqfootage affords versatile space.Timeless bathrooms with high quality materials, walls of windows, great closets and full sized washer/dryer, and Asko dishwasher.. The unit lives even larger than the sqfootge indicates. Comes with separately deeded parking that are non tandem and a monitored 24 hour concierge lobby and excellent building management staff. The HOA pays all utilities except electricity and internet. Urban living at it's best with easy access to all amenities of the City together with TWO deeded underground parking spaces .The best of all worlds in this outstanding 2bed/2bath high up with bridge and mountain views.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97209, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,901 (100%)
Owner Occupied HU	2,761 (14.6%)
Renter Occupied HU	12,749 (67.5%)
Vacant Housing Units	3,391 (17.9%)
Median Home Value	$770,736
Average Home Value	$881,846