1959 N Jantzen AvePortlandOR97217
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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
Investment Highlights
Investment property for sale in Portland at 1959 N Jantzen Ave, Portland, OR, 97217 listed at $500,000 pairs $2,850/mo rent with a $2,447/mo payment. Total monthly income runs $2,850/mo. Return on cash invested measures 15.22% in year one, and rental yield registers 6.84% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 78.77% and total cumulative return in cash totals $130,556. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,850/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
N/A lot
$N/A/sqft
$480 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97217, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,848 (100%) |
| Owner Occupied HU | 9,409 (49.9%) |
| Renter Occupied HU | 7,480 (39.7%) |
| Vacant Housing Units | 1,959 (10.4%) |
| Median Home Value | $604,473 |
| Average Home Value | $613,107 |
Housing Distribution
Address Breakdown
Residential
18,497
Single Family
14,772
Multi-Family
3,725
Businesses
1,310
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-09 | Price change | $500,000 |
| 2024-12-13 | Listed for sale | $525,000 |
| 2023-10-24 | Sold | $480,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1970
- Architectural Style: Bungalow
- Building Area: 1,169
- Living Area: 1,169 sqft
- Property Condition: Approximately
Features & Amenities
- Heating: Mini Split, Wall Furnace, Fireplace(s)
- Cooling: N/A
- Flooring: Wood
- Interior Features: Ceiling Fan(s), Eat Bar, Kitchen Island, Closet Organizer
- Exterior Features: Dock
- Parking Features: Off Street, Secured
Location
HOA & Fees
- HOA Fee: $480 monthly
- Association Fee: $480 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Faubion
- Middle School: Faubion
- High School: Jefferson
Listed by: Tom Ramsey • John L Scott Portland SW
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24343036
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 2025 RMLS, Portland, Oregon. This content last updated on 2025-07-23 11:55:13 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.