311 NW 12th AvePortlandOR97209
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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 311 NW 12th Ave, Portland, OR, 97209 generates $5,166/mo in rent, after a $5,024/mo payment. Total monthly income is $5,166/mo. Return on cash invested sits at 11.14% in year one, and rental yield is 6.04% on a $1,026,400 entry. Equity gained on principal adds $6,623/yr, while 5% annual appreciation builds toward $283,575 over five years. Five-year ROI reaches 57.51% and total cumulative return in cash sums $191,244. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,166/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$1,529 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97209, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,901 (100%) |
| Owner Occupied HU | 2,761 (14.6%) |
| Renter Occupied HU | 12,749 (67.5%) |
| Vacant Housing Units | 3,391 (17.9%) |
| Median Home Value | $770,736 |
| Average Home Value | $881,846 |
Housing Distribution
Address Breakdown
Residential
16,853
Single Family
1,039
Multi-Family
15,814
Businesses
1,615
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