








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 2208 N Kilpatrick St, Portland, OR, 97217 priced at $535,000 converts $3,732/mo rent into $502/mo cash flow after a $2,619/mo obligation. Total monthly income equals $3,732/mo, and annual cash flow totals $6,027/yr on $176,015 invested. Return on cash invested prints 23.48% in year one, and rental yield reads 8.37% against a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation compiles into $147,811 by year five. Five-year ROI reaches 121.81% and total cumulative return in cash sums $214,396. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,732/mo property income covering a $2,619/mo payment, not borrower’s personal income.
Multi Family
Built in 1952
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97217, Portland, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,848 (100%) |
| Owner Occupied HU | 9,409 (49.9%) |
| Renter Occupied HU | 7,480 (39.7%) |
| Vacant Housing Units | 1,959 (10.4%) |
| Median Home Value | $604,473 |
| Average Home Value | $613,107 |
Residential
18,497
Single Family
14,772
Multi-Family
3,725
Businesses
1,310
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $535,000 |
| 2020-04-29 | Listing removed | $1,895 |
| 2020-04-25 | Listed for rent | $1,895 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Cindy Somsanith • Farrell Realty & Property Management, Inc
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #762904574
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 2025-03-17 12:09:01 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.