2850 SW Fairmount Blvd, Portland, OR, 97239 | Equity Gain $9,034/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2850 SW Fairmount Blvd, Portland, OR, 97239 | Equity Gain $9,034/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Portland at 2850 SW Fairmount Blvd, Portland, OR, 97239 listed at $1,400,000 pairs $0/mo rent with a $6,852/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.99% in year one, and rental yield registers 0% at a $1,400,000 basis. Equity gained on principal adds $9,034/yr, and annual property appreciation at 5% supports $386,794 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $6,852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1957

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

It's a vibe! Welcome to the quintessential SW Hills Mid-Century Modern home you've been waiting for. This magnificent residence is ideally perched between Marquam Hill Nature Park and Council Crest Park, an area renowned for its scenic drive and breathtaking vistas. Located on Fairmount Loop, this home offers unparalleled stunning city and Mt. Hood views that truly capture the essence of the Pacific Northwest. Equipped with an EV charger and its refreshed look with important upgraded systems, you have a unique balance of modern comfort and the preservation of timeless architectural style. A mere 3min drive to OHSU, a quick commute to downtown and countless nearby hiking trails, this property represents a fantastic opportunity for anyone looking for a distinctive and well-maintained home in a prime Portland location. Please join us Thursday 7/24 3-6pm for our first open house. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10229345]