2512 NW Miller RdPortlandOR97229
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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 2512 NW Miller Rd, Portland, OR, 97229 uses $141,584 cash to close to unlock $6,053/yr annual cash flow and $504/mo monthly cash flow. Total monthly income runs $3,082/mo, and a $2,090/mo payment keeps the spread at $504/mo. Purchase price stands at $427,100, and rental yield measures 8.66% with $3,082/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $118,000 over five years. Five-year ROI reaches 125.59% and total cumulative return in cash records $177,808. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,082/mo property income covering a $2,090/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97229, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,595 (100%) |
| Owner Occupied HU | 19,842 (69.4%) |
| Renter Occupied HU | 7,682 (26.9%) |
| Vacant Housing Units | 1,071 ( 3.7%) |
| Median Home Value | $780,837 |
| Average Home Value | $818,718 |
Housing Distribution
Address Breakdown
Residential
28,709
Single Family
26,480
Multi-Family
2,229
Businesses
508
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