255 SW Harrison St APT 15HPortlandOR97201
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 255 SW Harrison St APT 15H, Portland, OR, 97201 uses $96,135 cash to close to unlock $10,271/yr annual cash flow and $856/mo monthly cash flow. Total monthly income runs $2,606/mo, and a $1,419/mo payment keeps the spread at $856/mo. Purchase price stands at $290,000, and rental yield measures 10.78% with $2,606/mo rent. Return on cash invested shows 30.59% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 159.92% and total cumulative return in cash records $153,736. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,606/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97201, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,508 (100%) |
| Owner Occupied HU | 2,911 (23.3%) |
| Renter Occupied HU | 8,009 (64.0%) |
| Vacant Housing Units | 1,588 (12.7%) |
| Median Home Value | $828,638 |
| Average Home Value | $952,897 |
Housing Distribution
Address Breakdown
Residential
12,544
Single Family
2,391
Multi-Family
10,153
Businesses
666
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices