2305 SE 12th Ave #4PortlandOR97214
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 2305 SE 12th Ave #4, Portland, OR, 97214 in Portland the bet is firmly on appreciation. Rental yield 3.12%. The 3.12% gross yield on a $759,900 price is below income-first thresholds, but 5%/yr value growth projects $209,946 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.58) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $112,635.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.1% | 5.5% |
| Monthly Cash Flow | $(2,728) | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,979 |
| Total Monthly Debt Service | $4,405 |
| DSCR Ratio | 0.45x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 2008
N/A lot
$N/A/sqft
$120 monthly 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
Townhouse
Built in 2008
N/A lot
$N/A/sqft
$120 monthly 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