2211 SW Park Pl UNIT 403, Portland, OR, 97205 | $220/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2211 SW Park Pl UNIT 403, Portland, OR, 97205 | $220/mo Cash Flow | Ziffy

For Sale

Listed for sale 6 days ago

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

Rental property for sale in Portland at 2211 SW Park Pl UNIT 403, Portland, OR, 97205 generates $2,326/mo in rent and, after a $1,708/mo payment, leaves $220/mo in cash flow. Total monthly income is $2,326/mo, and annual cash flow is $2,635/yr on $115,694 invested. Return on cash invested sits at 22.19% in year one, and rental yield is 8% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 114.86% and total cumulative return in cash sums $132,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,326/mo property income rather than buyer’s personal income.

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Fully renovated contemporary condo in the Washington Park area. Located within close distance to Washington Park, Portland Timbers stadium, shopping and Portland's Rose Test Garden. No detail has been spared in this condo from the new cabinets and quartz counters to the elegant lighting. All appliances included. Fourth floor balcony and rooftop balcony provide amazing views of the surrounding area. HOA covers water, sewer, trash, internet, cable and the on-site workout room. Seller to pay 6 months of HOA dues with a full priced offer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97205, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,632 (100%)
Owner Occupied HU	1,213 (15.9%)
Renter Occupied HU	5,607 (73.5%)
Vacant Housing Units	812 (10.6%)
Median Home Value	$822,425
Average Home Value	$979,827