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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Portland at 3144 NE 53rd Ave, Portland, OR, 97213 generates $4,495/mo in rent, after a $4,400/mo payment. Total monthly income is $4,495/mo. Return on cash invested sits at 16.28% in year one, and rental yield is 6% on a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 83.15% and total cumulative return in cash sums $245,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,495/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97213, Portland, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,807 (100%) |
| Owner Occupied HU | 8,301 (56.1%) |
| Renter Occupied HU | 5,783 (39.1%) |
| Vacant Housing Units | 723 ( 4.9%) |
| Median Home Value | $652,732 |
| Average Home Value | $687,578 |
Residential
14,217
Single Family
12,496
Multi-Family
1,721
Businesses
1,045
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Charity Chesnek • Think Real Estate
Mls Name: RMLS (OR)
Mls ID: #659830066
