3391 NE 162nd AvePortlandOR97230
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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 3391 NE 162nd Ave, Portland, OR, 97230 uses $66,267 cash to close to unlock $5,769/yr annual cash flow and $481/mo monthly cash flow. Total monthly income runs $1,687/mo, and a $978/mo payment keeps the spread at $481/mo. Purchase price stands at $199,900, and rental yield measures 10.13% with $1,687/mo rent. Return on cash invested shows 28.62% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 149.32% and total cumulative return in cash records $98,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,687/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97230, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 8,699 (54.0%) |
| Renter Occupied HU | 6,495 (40.3%) |
| Vacant Housing Units | 909 ( 5.6%) |
| Median Home Value | $473,969 |
| Average Home Value | $499,367 |
Housing Distribution
Address Breakdown
Residential
15,969
Single Family
14,523
Multi-Family
1,446
Businesses
1,086
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