333 NW 9th Ave UNIT 603, Portland, OR, 97209 | $976/mo Cash Flow

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333 NW 9th Ave UNIT 603, Portland, OR, 97209 | $976/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Portland at 333 NW 9th Ave UNIT 603, Portland, OR, 97209 offers a 10.59% rental yield on a $349,900 purchase with $3,088/mo rent. Total monthly income registers $3,088/mo, and a $1,713/mo payment leaves $976/mo available for distribution. Annual cash flow reaches $11,706/yr on $115,992 to close, and return on cash invested stands at 30% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 156.78% and total cumulative return in cash at $181,854. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,088/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Live the life you've always imagined in this stunning Pearl condo! Whip up meals in an inspiring contemporary kitchen with beautiful wood cabinetry, granite countertops, a large island for prep work and tons of natural light! The open living area is perfect for entertaining - light and bright with a wall full of windows, beautiful wood floors and a pleasant city view. Enjoy a versatile floor plan with two bedrooms, a spacious bathroom, a large laundry closet and hallway walk-in, plus a Murphy bed in the second bedroom that lets you toggle between guest room and office/bonus room at a moments notice. Building amenities include concierge service, secure parking and more! Seller will pay 3 months of HOA dues at closing. All this in the heart of the Pearl, with world-class restaurants, cafes, shopping and more all just outside your front door! Welcome home.

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