19609 NE Marine Dr UNIT E10PortlandOR97233
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 19609 NE Marine Dr UNIT E10, Portland, OR, 97233 in Portland achieves a 2.43 ratio at $155,000: $1,694/mo rent versus $697/mo debt service. Rental yield 13.12%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 13.12% yield compounds alongside 5% annual appreciation projecting $42,824 in value. Total projected cumulative return: $45,066.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 5.5% |
| Monthly Cash Flow | $(282) | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,694 |
| Total Monthly Debt Service | $1,915 |
| DSCR Ratio | 0.88x |
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 1995
N/A lot
$N/A/sqft
$1,041 monthly 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 1995
N/A lot
$N/A/sqft
$1,041 monthly 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
Listed by: Tony Lozzi • John L. Scott Portland Metro
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #331426019
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