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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 1926 W Burnside St UNIT 1202, Portland, OR, 97209 earns from $3,088/mo rent with a $2,937/mo payment. Total monthly income totals $3,088/mo. ROI tracks 9.63% on current figures, and rental yield reads 6.18% at a $599,999 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 50.08% and total cumulative return in cash sums $98,855. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,088/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$858 monthly HOA
Neighborhood data shown for ZIP Code: 97209, Portland, OR area.
| 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 |
Residential
16,853
Single Family
1,039
Multi-Family
15,814
Businesses
1,615
Date | Event | Price |
|---|---|---|
| 2024-09-06 | Listed for rent | $3,000 |
| 2024-09-03 | Price change | $599,999 |
| 2024-08-15 | Price change | $619,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $9705.85 | -2.42% | $413,730 | 3.00% |
| 2022-10-18 | $9946.07 | -1.61% | $401,680 | 3.00% |
| 2021-10-18 | $10108.43 | 4.60% | $389,990 | 3.00% |
Listed by: Delia Slattery • John L. Scott
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24517457
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 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-18 05:59:25 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.
