3230 SE 118th AvePortlandOR97266
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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
Investment property for sale in Portland at 3230 SE 118th Ave, Portland, OR, 97266 offers a 8.11% rental yield on a $399,000 purchase with $2,697/mo rent. Total monthly income registers $2,697/mo, and a $1,953/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,462/yr on $132,269 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 116.68% and total cumulative return in cash at $154,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,697/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1931
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97266, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,362 (100%) |
| Owner Occupied HU | 6,892 (51.6%) |
| Renter Occupied HU | 5,836 (43.7%) |
| Vacant Housing Units | 634 ( 4.7%) |
| Median Home Value | $501,884 |
| Average Home Value | $547,354 |
Housing Distribution
Address Breakdown
Residential
12,977
Single Family
11,732
Multi-Family
1,245
Businesses
753
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