2634 NE Broadway StPortlandOR97232
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid, durable, and financeable, 2634 NE Broadway St, Portland, OR, 97232 in Portland earns a 7.6% gross yield at $1,099,000. Rent of $6,959/mo nets $325/mo after the $4,942/mo mortgage. The 1.41 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $303,633 and $10,122/yr in equity accumulation project a total cumulative return of $436,951.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.5% |
| Monthly Cash Flow | $325 | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $6,959 |
| Total Monthly Debt Service | $6,196 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1925
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97232, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,249 (100%) |
| Owner Occupied HU | 2,321 (20.6%) |
| Renter Occupied HU | 7,612 (67.7%) |
| Vacant Housing Units | 1,316 (11.7%) |
| Median Home Value | $797,817 |
| Average Home Value | $837,145 |
Housing Distribution
Address Breakdown
Residential
10,404
Single Family
3,715
Multi-Family
6,689
Businesses
1,358
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
Multi Family
Built in 1925
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97232, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,249 (100%) |
| Owner Occupied HU | 2,321 (20.6%) |
| Renter Occupied HU | 7,612 (67.7%) |
| Vacant Housing Units | 1,316 (11.7%) |
| Median Home Value | $797,817 |
| Average Home Value | $837,145 |
Housing Distribution
Address Breakdown
Residential
10,404
Single Family
3,715
Multi-Family
6,689
Businesses
1,358
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices