2531 SW Spring Garden StPortlandOR97219
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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
Rental property for sale in Portland at 2531 SW Spring Garden St, Portland, OR, 97219 generates $2,178/mo in rent and, after a $1,591/mo payment, leaves $216/mo in cash flow. Total monthly income is $2,178/mo, and annual cash flow is $2,592/yr on $107,738 invested. Return on cash invested sits at 22.31% in year one, and rental yield is 8.04% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 115.53% and total cumulative return in cash sums $124,465. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,178/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97219, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,563 (100%) |
| Owner Occupied HU | 11,477 (65.3%) |
| Renter Occupied HU | 5,017 (28.6%) |
| Vacant Housing Units | 1,069 ( 6.1%) |
| Median Home Value | $697,594 |
| Average Home Value | $790,223 |
Housing Distribution
Address Breakdown
Residential
17,174
Single Family
16,074
Multi-Family
1,100
Businesses
851
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