2112 SE 148th Pl, Portland, OR, 97233 | $263/mo Cash Flow

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2112 SE 148th Pl, Portland, OR, 97233 | $263/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Portland at 2112 SE 148th Pl, Portland, OR, 97233 listed at $150,000 pairs $1,168/mo rent with a $734/mo payment to leave $263/mo cash flow. Total monthly income runs $1,168/mo, and annual cash flow reaches $3,153/yr on $49,725 cash to close. Return on cash invested measures 26.25% in year one, and rental yield registers 9.34% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 136.65% and total cumulative return in cash totals $67,950. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,168/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1970

N/A lot

$N/A/sqft

No HOA

More details about the property

Tidy and convenient living in SE Portland. This 2-bedroom, 1 bathroom condo is located just steps from the community pool and clubhouse, making it easy to unwind or connect with neighbors. The layout is efficient, with an open living area that gets good natural light. Laundry is in-unit, and parking is included with two parking spaces. Whether youre downsizing, just starting out, or looking for a low-maintenance place to land, this unit is a simple and practical choice in a well-connected area. Land and Unit sold seperately please do your due diligence

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