3120 SE 53rd Ave, Portland, OR, 97206 | $672/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3120 SE 53rd Ave, Portland, OR, 97206 | $672/mo Cash Flow | 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 3120 SE 53rd Ave, Portland, OR, 97206 uses $107,738 cash to close to unlock $8,064/yr annual cash flow and $672/mo monthly cash flow. Total monthly income runs $2,634/mo, and a $1,591/mo payment keeps the spread at $672/mo. Purchase price stands at $325,000, and rental yield measures 9.73% with $2,634/mo rent. Return on cash invested shows 27.39% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 142.77% and total cumulative return in cash records $153,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,634/mo property income covering a $1,591/mo payment rather than investor’s personal income.

Single Family

Built in 1908

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Bring your vision and tools to this prime South Tabor fixer! Built in 1908, this 1,932 sq ft single-family home offers 3 bedrooms and 1 bathroom, plus a tuck-under garage on a 5,000 sq ft lot (R5 zoning). With utilities already connected (water, sewer, electricity), the groundwork is in place for your next project.This property is ideal for investors, developers, or flippers seeking a cash-only opportunity. The interior is in need of a complete overhaul. There is currently no working furnace and the electrical panel is minimal and all electrical will need a full update. The sewer line is likely the original line. Fortunately, the home has been fully cleaned out and the property has undergone extensive clearing, giving you a good head start.Located in the heart of Portlands South Tabor neighborhood, youll be close to schools, parks, shops, and restaurants, with easy access to public transit and major commuter routes. Walk score 83, Bike score 92! NOTE: Sale does NOT include the neighboring vacant lot.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97206, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,651 (100%)
Owner Occupied HU	12,687 (58.6%)
Renter Occupied HU	7,718 (35.6%)
Vacant Housing Units	1,246 ( 5.8%)
Median Home Value	$558,543
Average Home Value	$578,741