19609 NE Marine Dr #A-5PortlandOR97233
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 19609 NE Marine Dr #A-5, Portland, OR, 97233 in Portland. Rental yield 6.48%. The 1.20 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $110,236 and $3,675/yr in principal reduction project total return of $134,681.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 5.5% |
| Monthly Cash Flow | $(1,478) | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,154 |
| Total Monthly Debt Service | $2,250 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97233, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,067 (100%) |
| Owner Occupied HU | 6,932 (46.0%) |
| Renter Occupied HU | 7,428 (49.3%) |
| Vacant Housing Units | 707 ( 4.7%) |
| Median Home Value | $439,836 |
| Average Home Value | $484,130 |
Housing Distribution
Address Breakdown
Residential
15,113
Single Family
13,374
Multi-Family
1,739
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97233, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,067 (100%) |
| Owner Occupied HU | 6,932 (46.0%) |
| Renter Occupied HU | 7,428 (49.3%) |
| Vacant Housing Units | 707 ( 4.7%) |
| Median Home Value | $439,836 |
| Average Home Value | $484,130 |
Housing Distribution
Address Breakdown
Residential
15,113
Single Family
13,374
Multi-Family
1,739
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices