314 SE Spokane StPortlandOR97202
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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 314 SE Spokane St, Portland, OR, 97202 offers $4,374/mo rent that, after a $3,500/mo payment, leaves $58/mo cash flow. Total monthly income is $4,374/mo, and annual cash flow is $693/yr on $235,235 cash. Return on cash invested measures 20.35% in year one, and rental yield stands at 7.34% at a $715,000 entry. Equity gained on principal adds $4,614/yr while 5% annual appreciation compounds into $197,541 by year five. Five-year ROI records 105% and total cumulative return in cash reaches $246,993. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,374/mo property income versus a $3,500/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97202, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,943 (100%) |
| Owner Occupied HU | 9,458 (45.2%) |
| Renter Occupied HU | 9,812 (46.9%) |
| Vacant Housing Units | 1,673 ( 8.0%) |
| Median Home Value | $708,778 |
| Average Home Value | $749,176 |
Housing Distribution
Address Breakdown
Residential
20,150
Single Family
16,343
Multi-Family
3,807
Businesses
1,425
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