








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Portland at 2024 SW Howards Way #407, Portland, OR, 97205 listed at $320,000 pairs $1,615/mo rent with a $1,566/mo payment. Total monthly income runs $1,615/mo. Return on cash invested measures 16.33% in year one, and rental yield registers 6.06% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 83.46% and total cumulative return in cash totals $88,539. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,615/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97205, Portland, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,632 (100%) |
| Owner Occupied HU | 1,213 (15.9%) |
| Renter Occupied HU | 5,607 (73.5%) |
| Vacant Housing Units | 812 (10.6%) |
| Median Home Value | $822,425 |
| Average Home Value | $979,827 |
Residential
6,535
Single Family
598
Multi-Family
5,937
Businesses
1,038
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Casey Riley • Cascade Hasson Sotheby's International Realty
Mls Name: RMLS (OR)
Mls ID: #382661964