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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Portland at 2802 SW Miles St, Portland, OR, 97219 offers a 7.6% rental yield on a $630,500 purchase with $3,994/mo rent. Total monthly income registers $3,994/mo, and a $3,086/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,258/yr on $207,435 to close, and return on cash invested stands at 21.15% in year one. Equity gained on principal adds $4,069/yr while 5% annual appreciation supports $174,196 over five years. Portfolio math shows five-year ROI at 109.27% and total cumulative return in cash at $226,655. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,994/mo property income against a $3,086/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97219, Portland, OR area.
| 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 |
Residential
17,174
Single Family
16,074
Multi-Family
1,100
Businesses
851
Date | Event | Price |
|---|---|---|
| 2017-10-06 | Listing removed | $510,000 |
| 2017-09-21 | Listed for sale | $510,000 |
| 2005-01-11 | Sold | $261,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $5594.42 | 4.00% | $209,290 | 3.00% |
| 2023-10-14 | $5379.46 | 2.21% | $203,200 | 3.00% |
| 2022-10-14 | $5263.14 | 1.72% | $197,290 | 3.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
