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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Portland at 2136 NW Cedar View Ln, Portland, OR, 97229 priced at $390,000 converts $3,300/mo rent into $76/mo cash flow after a $1,909/mo obligation. Total monthly income equals $3,300/mo, and annual cash flow totals $917/yr on $129,285 invested. Return on cash invested prints 20.62% in year one, and rental yield reads 10.15% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 109.38% and total cumulative return in cash sums $141,416. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,300/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Townhouse
Built in 1996
1,306 sqft lot
$N/A/sqft
$517 monthly HOA
Neighborhood data shown for ZIP Code: 97229, Portland, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,595 (100%) |
| Owner Occupied HU | 19,842 (69.4%) |
| Renter Occupied HU | 7,682 (26.9%) |
| Vacant Housing Units | 1,071 ( 3.7%) |
| Median Home Value | $780,837 |
| Average Home Value | $818,718 |
Residential
28,709
Single Family
26,480
Multi-Family
2,229
Businesses
508
Date | Event | Price |
|---|---|---|
| 2024-09-25 | Listed for sale | $390,000 |
| 2024-08-02 | Sold | $398,000 |
| 2024-07-14 | Pending sale | $408,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $8011.79 | 2.82% | $334,120 | 3.00% |
| 2022-10-17 | $7791.81 | 12.69% | $324,390 | 3.00% |
| 2021-10-17 | $6914.22 | 11.17% | $314,950 | 3.00% |
Listed by: Amanda Rammer • RE/MAX Northwest
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24155464
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 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-17 12:44:14 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.
