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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 23508 NW Saint Helens Rd #S16, Portland, OR, 97231 generates $1,260/mo in rent, after a $489/mo payment. Total monthly income is $1,260/mo. Return on cash invested sits at 17.44% in year one, and rental yield is 15.12% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 98.94% and total cumulative return in cash sums $32,800. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,260/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
1.93 Acres lot
$N/A/sqft
$725 monthly HOA
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Price change | $100,000 |
| 2024-09-26 | Price change | $104,900 |
| 2024-08-16 | Listed for sale | $105,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Dorinda Aschoff • Oregon First
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24063503
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 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-17 14:14:15 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.
