311 NW 12th Ave UNIT 303PortlandOR97209
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 311 NW 12th Ave UNIT 303, Portland, OR, 97209 earns from $3,226/mo rent with a $2,321/mo payment. Total monthly income totals $3,226/mo. ROI tracks 14.65% on current figures, and rental yield reads 8.16% at a $474,200 purchase. Equity gained on principal adds $3,060/yr, and 5% annual appreciation supports $131,013 over five years. Five-year ROI reaches 77.38% and total cumulative return in cash sums $121,640. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,226/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$740 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices