3115 N Winchell St, Portland, OR, 97217 | $72/mo Cash Flow

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

Rental property for sale in Portland at 3115 N Winchell St, Portland, OR, 97217 generates $3,240/mo in rent and, after a $2,569/mo payment, leaves $72/mo in cash flow. Total monthly income is $3,240/mo, and annual cash flow is $861/yr on $172,692 invested. Return on cash invested sits at 20.56% in year one, and rental yield is 7.41% on a $524,900 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 106.09% and total cumulative return in cash sums $183,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.

Single Family

Built in 1927

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 3-Bedroom Cottage in the Heart of Kenton. Sewer just replaced, yard is seeded with new grass. Welcome to this beautifully updated 3-bedroom, 1-bath cottage nestled on a picturesque street in the highly sought-after Kenton neighborhood. This delightful home seamlessly blends timeless character with modern comforts, offering both style and functionality.Step inside to a sun-drenched living area featuring fresh interior paint and a warm, inviting atmosphere. The freshly painted exterior adds instant curb appeal, making a great first impression. The kitchen boasts brand-new, high-end stainless steel appliancesincluding an induction range, refrigerator, and dishwasherideal for both everyday meals and entertaining guests.Three versatile bedrooms provide ample space for restful retreats, a dedicated home office, or creative pursuits. Year-round comfort is ensured with a brand-new ducted mini-split heat pump system offering efficient heating and air conditioning, along with a new hot water heater for added peace of mind.Outside, the expansive detached garage opens the door to endless possibilitiesperfect for a workshop, fitness studio, or future ADU (buyer to verify). The private backyard invites relaxation, gardening, or outdoor dining, while the driveway offers convenient off-street parking.Located just minutes from Columbia and Kenton parks, local shops, restaurants, and transit, this move-in-ready gem offers the best of Portland living. Full of charm and modern upgrades, this is the home youve been waiting forcome see it today! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10240346]

Neighborhood Data

Neighborhood data shown for ZIP Code: 97217, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,848 (100%)
Owner Occupied HU	9,409 (49.9%)
Renter Occupied HU	7,480 (39.7%)
Vacant Housing Units	1,959 (10.4%)
Median Home Value	$604,473
Average Home Value	$613,107