3200 NE 29th AvePortlandOR97212
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 3200 NE 29th Ave, Portland, OR, 97212 listed at $624,500 pairs $4,439/mo rent with a $3,057/mo payment to leave $669/mo cash flow. Total monthly income runs $4,439/mo, and annual cash flow reaches $8,028/yr on $205,461 cash to close. Return on cash invested measures 23.97% in year one, and rental yield registers 8.53% at a $624,500 basis. Equity gained on principal adds $4,030/yr, and annual property appreciation at 5% supports $172,538 by year five. Five-year ROI tracks 124.39% and total cumulative return in cash totals $255,576. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,439/mo property income relative to a $3,057/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97212, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,122 (100%) |
| Owner Occupied HU | 6,704 (55.3%) |
| Renter Occupied HU | 4,723 (39.0%) |
| Vacant Housing Units | 695 ( 5.7%) |
| Median Home Value | $851,100 |
| Average Home Value | $909,403 |
Housing Distribution
Address Breakdown
Residential
11,276
Single Family
9,524
Multi-Family
1,752
Businesses
771
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices