2301 SE Caruthers St APT 10PortlandOR97214
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2301 SE Caruthers St APT 10, Portland, OR, 97214 in Portland earns a 9.61% gross yield at $339,999. Rent of $2,723/mo nets $242/mo after the $1,529/mo mortgage. The 1.78 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $93,935 and $3,131/yr in equity accumulation project a total cumulative return of $171,851.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.5% |
| Monthly Cash Flow | $242 | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,723 |
| Total Monthly Debt Service | $1,917 |
| DSCR Ratio | 1.42x |
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.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97214, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,519 (100%) |
| Owner Occupied HU | 4,553 (27.6%) |
| Renter Occupied HU | 10,435 (63.2%) |
| Vacant Housing Units | 1,531 ( 9.3%) |
| Median Home Value | $789,784 |
| Average Home Value | $816,099 |
Housing Distribution
Address Breakdown
Residential
16,195
Single Family
9,983
Multi-Family
6,212
Businesses
2,336
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
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97214, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,519 (100%) |
| Owner Occupied HU | 4,553 (27.6%) |
| Renter Occupied HU | 10,435 (63.2%) |
| Vacant Housing Units | 1,531 ( 9.3%) |
| Median Home Value | $789,784 |
| Average Home Value | $816,099 |
Housing Distribution
Address Breakdown
Residential
16,195
Single Family
9,983
Multi-Family
6,212
Businesses
2,336
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices