2083 NW Johnson St APT 2PortlandOR97209
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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 2083 NW Johnson St APT 2, Portland, OR, 97209 uses $82,875 cash to close to unlock $3,847/yr annual cash flow and $321/mo monthly cash flow. Total monthly income runs $1,830/mo, and a $1,224/mo payment keeps the spread at $321/mo. Purchase price stands at $250,000, and rental yield measures 8.78% with $1,830/mo rent. Return on cash invested shows 24.55% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 127.55% and total cumulative return in cash records $105,706. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,830/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1911
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,853
Single Family
1,039
Multi-Family
15,814
Businesses
1,615
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