1926 W Burnside St UNIT 811, Portland, OR, 97209 | $86/mo Cash Flow

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1926 W Burnside St UNIT 811, Portland, OR, 97209 | $86/mo Cash Flow | 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 811, Portland, OR, 97209 earns $86/mo cash flow from $1,988/mo rent with a $1,542/mo payment. Total monthly income totals $1,988/mo, and annual cash flow totals $1,036/yr on $104,423 capital. ROI tracks 20.9% on current figures, and rental yield reads 7.57% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 107.99% and total cumulative return in cash sums $112,769. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,988/mo property income instead of your personal income.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

Modern Downtown Portland Condo with Stunning Views! Welcome to your urban oasis in the heart of Goose Hollow! This stylish 1-bedroom, 1-bathroom, 1 living room condominium on the 8th floor of the iconic Civic building offers sweeping east facing city views, sleek modern finishes, and unmatched access to the best of downtown living. Open-concept living with large windows bring abundant natural light. Gorgeous views of Mt St Helens/Mt Adams and sparkling city lights in the evening. Modern kitchen with stainless steel appliances. Beautiful hardwood floors. Juliet balcony brings in fresh air and cross ventilation. In-unit washer and dryer. Spacious bedroom closet. Addional pantry and closets. 1 deeded parking space in the buildings garage. Additional Private Storage large enough to store a bike, is conveniently located on same floor. Pet-friendly building with 24/7 security (Concierge: 7am - 11pm, security service at night) all year. No Rental cap (for investors). HOA dues cover water, gas and trash services. Live next to Providence Park (home of the Timbers and Thorns). Central location, very near MAX transit stop (blue/red, direct access to airport, Beaverton, Hillsboro) and quick access to Highway 405. Short distance to restaurants and shopping at NW 23rd, Pearl district and Downtown Portland. LEED Gold Certified construction. Transit score 93, Bike score 91. This condo offers outstanding location, style, and convenience.

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