2109 NW Irving St UNIT 307PortlandOR97210
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2109 NW Irving St UNIT 307, Portland, OR, 97210 in Portland carries a 2.11 coverage ratio, rent of $1,722/mo is 2.11 times the $818/mo payment. Rental yield 11.35%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $182,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $50,283; total projected cumulative return: $63,592.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.5% |
| Monthly Cash Flow | $(135) | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,722 |
| Total Monthly Debt Service | $1,784 |
| DSCR Ratio | 0.97x |
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.
Condo
Built in 1910
N/A lot
$N/A/sqft
$593 monthly HOA
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
Condo
Built in 1910
N/A lot
$N/A/sqft
$593 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Cowlthorp • Redfin
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #112026914
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-10-20 03:54:01 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.