2351 NW Westover Rd UNIT 803, Portland, OR, 97210 | $39/mo Cash Flow

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2351 NW Westover Rd UNIT 803, Portland, OR, 97210 | $39/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Portland at 2351 NW Westover Rd UNIT 803, Portland, OR, 97210 uses $194,110 cash to close to unlock $473/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $3,601/mo, and a $2,888/mo payment keeps the spread at $39/mo. Purchase price stands at $590,000, and rental yield measures 7.32% with $3,601/mo rent. Return on cash invested shows 20.3% in year one, and 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 104.73% and total cumulative return in cash records $203,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,601/mo property income covering a $2,888/mo payment rather than investor’s personal income.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

Sophisticated Nob Hill Condo at The Westerly with Stunning Pacific NW Views. Experience the essence of the Pacific Northwest at this refined condo in The Westerly, nestled in the coveted Nob Hill neighborhood. Revel in breathtaking views of Mt. St. Helens, Adams, Rainier, and the Cascade foothillsa daily reminder of the natural beauty that surrounds you! Perfectly positioned in popular Uptown, this home offers the best of both worlds: walkable access to NW 23rd Aves dynamic shops, restaurants, galleries, Zupans Market, streetcar, and TriMet, alongside tranquil green spaces like Forest Park, Washington Park, the Portland Japanese Garden, and Hoyt Arboretum. The open-concept layout with 9-ft ceilings offers a versatile great room flooded with soft northern light framing views of the NW District and downtown. A private balcony provides year-round outdoor living, perfect for coffee at sunrise or evening relaxation. Thoughtful design touches, including alcoves, niches, and custom lighting, elevate the ambiance, while premium materials such as New Zealand 100% wool carpet, wood composite flooring, and elegant finishes in marble, tile, and stone enhance the elegant yet warm aesthetic. The kitchen boasts integrated stainless-steel Bosch and Whirlpool appliances, sleek black countertops and white tile backsplash, wood cabinets, and abundant storage, complemented by a pantry/utility room with custom built-in cabinetry. The flexible second space can adapt as a library, home office, or extra bedroom. Residents enjoy lush courtyard grounds with teak benches, a welcoming lobby with a little library, and underground parking with EV charger potential. WalkScore 94.