333 NW 9th Ave UNIT 1007PortlandOR97209
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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 333 NW 9th Ave UNIT 1007, Portland, OR, 97209 generates $3,709/mo in rent and, after a $2,878/mo payment, leaves $160/mo in cash flow. Total monthly income is $3,709/mo, and annual cash flow is $1,916/yr on $193,452 invested. Return on cash invested sits at 21.05% in year one, and rental yield is 7.57% on a $588,000 entry. Equity gained on principal adds $3,794/yr, while 5% annual appreciation builds toward $162,454 over five years. Five-year ROI reaches 108.73% and total cumulative return in cash sums $210,336. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,709/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97209, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,901 (100%) |
| Owner Occupied HU | 2,761 (14.6%) |
| Renter Occupied HU | 12,749 (67.5%) |
| Vacant Housing Units | 3,391 (17.9%) |
| Median Home Value | $770,736 |
| Average Home Value | $881,846 |
Housing Distribution
Address Breakdown
Residential
16,853
Single Family
1,039
Multi-Family
15,814
Businesses
1,615
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