1926 W Burnside St UNIT 1602, Portland, OR, 97209 | 4.12% Rental Yield

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1926 W Burnside St UNIT 1602, Portland, OR, 97209 | 4.12% 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 1602, Portland, OR, 97209 offers a 4.12% rental yield on a $899,500 purchase with $3,088/mo rent. 56% in year one. Equity gained on principal adds $5,804/yr while 5% annual appreciation supports $248,515 over five years. Portfolio math shows five-year ROI at 52.51% and total cumulative return in cash at $155,387. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,088/mo property income against a $4,403/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

Experience elevated urban living in this exceptional 16th-floor penthouse at The Civic, where a rare 42-foot private balcony offers sweeping views of Portlands skyline and Providence Park. From this vantage point, enjoy front-row access to Portland Timbers and Thorns matches, concerts, and city lights. Recently remodeled, the residence features a chef-inspired kitchen with high-end appliances, quartz countertops, and custom cabinetry. The open-concept great room is enhanced by floor-to-ceiling windows, premium flooring, and an upgraded wet barperfect for entertaining. The primary suite is a luxurious retreat with a spa-like en-suite bath, soaking tub, walk-in shower, and a spacious walk-in closet. A versatile second bedroom provides space for guests, a home office, or additional living. With soaring 12-foot ceilings and an oversized storage area, this penthouse combines comfort and sophistication. The Civic is a LEED Gold-certified building offering 24-hour concierge service, secured entry, and a pet-friendly environment. Two deeded parking spaces are included. Located in the heart of Goose Hollow, this residence provides easy access to NW 23rd Avenue, the Pearl District, MAX light rail, and Portlands finest restaurants, cafs, and shops. This is a rare opportunity to own a premier penthouse with unmatched views, luxury finishes, and unbeatable urban access.Bike Score: 91. Walk Score: 98.

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