2105 NE Everett St APT 3PortlandOR97232
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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 2105 NE Everett St APT 3, Portland, OR, 97232 offers a 8.32% rental yield on a $284,000 purchase with $1,968/mo rent. Total monthly income registers $1,968/mo, and a $1,390/mo payment leaves $254/mo available for distribution. Annual cash flow reaches $3,045/yr on $94,146 to close, and return on cash invested stands at 23.14% in year one. Equity gained on principal adds $1,833/yr while 5% annual appreciation supports $78,464 over five years. Portfolio math shows five-year ROI at 119.98% and total cumulative return in cash at $112,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,968/mo property income against a $1,390/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1947
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97232, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,249 (100%) |
| Owner Occupied HU | 2,321 (20.6%) |
| Renter Occupied HU | 7,612 (67.7%) |
| Vacant Housing Units | 1,316 (11.7%) |
| Median Home Value | $797,817 |
| Average Home Value | $837,145 |
Housing Distribution
Address Breakdown
Residential
10,404
Single Family
3,715
Multi-Family
6,689
Businesses
1,358
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