2190 NE 229th CtFairviewOR97024
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 2190 NE 229th Ct, Fairview, OR, 97024 in Fairview is narrow, $163/mo net on $4,315/mo rent after the $3,093/mo debt service, but the property operates at break-even-plus, not a loss. At $687,900 with a 7.53% yield, the long-run equity case via 5% appreciation ($190,054 over five years) and $6,336/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.40 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $270,876.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $163 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,315 |
| Total Monthly Debt Service | $3,879 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 2006
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97024, Fairview, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,785 (100%) |
| Owner Occupied HU | 2,484 (51.9%) |
| Renter Occupied HU | 2,091 (43.7%) |
| Vacant Housing Units | 210 ( 4.4%) |
| Median Home Value | $456,124 |
| Average Home Value | $448,692 |
Housing Distribution
Address Breakdown
Residential
4,548
Single Family
3,972
Multi-Family
576
Businesses
432
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
Single Family
Built in 2006
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97024, Fairview, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,785 (100%) |
| Owner Occupied HU | 2,484 (51.9%) |
| Renter Occupied HU | 2,091 (43.7%) |
| Vacant Housing Units | 210 ( 4.4%) |
| Median Home Value | $456,124 |
| Average Home Value | $448,692 |
Housing Distribution
Address Breakdown
Residential
4,548
Single Family
3,972
Multi-Family
576
Businesses
432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices