2309 SW 1st Ave APT 1143PortlandOR97201
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
Investment Highlights
Rental property for sale in Portland at 2309 SW 1st Ave APT 1143, Portland, OR, 97201 generates $2,734/mo in rent, after a $1,248/mo payment. Total monthly income is $2,734/mo. Return on cash invested sits at 17.91% in year one, and rental yield is 12.87% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 98.84% and total cumulative return in cash sums $83,552. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,734/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$980 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97201, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,508 (100%) |
| Owner Occupied HU | 2,911 (23.3%) |
| Renter Occupied HU | 8,009 (64.0%) |
| Vacant Housing Units | 1,588 (12.7%) |
| Median Home Value | $828,638 |
| Average Home Value | $952,897 |
Housing Distribution
Address Breakdown
Residential
12,544
Single Family
2,391
Multi-Family
10,153
Businesses
666
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Maida • John L. Scott Portland Central
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #729004116
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 2025-10-21 22:34:16 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.