2355 SW Cedar St UNIT 9PortlandOR97205
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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
Investment Highlights
Investment property for sale in Portland at 2355 SW Cedar St UNIT 9, Portland, OR, 97205 uses $101,671 cash to close to unlock $5,698/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $2,326/mo, and a $1,501/mo payment keeps the spread at $475/mo. Purchase price stands at $306,700, and rental yield measures 9.1% with $2,326/mo rent. Return on cash invested shows 25.51% in year one, and 5% annual appreciation builds toward $84,736 over five years. Five-year ROI reaches 132.69% and total cumulative return in cash records $134,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,326/mo property income covering a $1,501/mo payment rather than investor’s personal income.
Condo
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97205, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,632 (100%) |
| Owner Occupied HU | 1,213 (15.9%) |
| Renter Occupied HU | 5,607 (73.5%) |
| Vacant Housing Units | 812 (10.6%) |
| Median Home Value | $822,425 |
| Average Home Value | $979,827 |
Housing Distribution
Address Breakdown
Residential
6,535
Single Family
598
Multi-Family
5,937
Businesses
1,038
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