2405 SE 84th AvePortlandOR97216
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
Investment property for sale in Portland at 2405 SE 84th Ave, Portland, OR, 97216 uses $137,241 cash to close to unlock $1,684/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $2,639/mo, and a $2,026/mo payment keeps the spread at $140/mo. Purchase price stands at $414,000, and rental yield measures 7.65% with $2,639/mo rent. Return on cash invested shows 21.14% in year one, and 5% annual appreciation builds toward $114,381 over five years. Five-year ROI reaches 109.23% and total cumulative return in cash records $149,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,639/mo property income covering a $2,026/mo payment rather than investor’s personal income.
Single Family
Built in 1948
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97216, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,003 (100%) |
| Owner Occupied HU | 3,405 (48.6%) |
| Renter Occupied HU | 3,225 (46.1%) |
| Vacant Housing Units | 373 ( 5.3%) |
| Median Home Value | $487,734 |
| Average Home Value | $579,752 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
5,892
Multi-Family
996
Businesses
534
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices