344 S Texas StPortlandOR97219
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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 344 S Texas St, Portland, OR, 97219 priced at $1,110,000 pairs $3,354/mo rent with after a $5,433/mo payment. Total monthly income equals $3,354/mo. Return on cash invested is 9.2% in year one, and rental yield stands at 3.63% on a $1,110,000 basis. Equity gained on principal adds $7,163/yr, and 5% annual appreciation accumulates to $306,673 by year five. Five-year ROI measures 45.14% and total cumulative return in cash reaches $162,327. For financing, Ziffy Mortgage’s DSCR program evaluates $3,354/mo property income against a $5,433/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97219, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,563 (100%) |
| Owner Occupied HU | 11,477 (65.3%) |
| Renter Occupied HU | 5,017 (28.6%) |
| Vacant Housing Units | 1,069 ( 6.1%) |
| Median Home Value | $697,594 |
| Average Home Value | $790,223 |
Housing Distribution
Address Breakdown
Residential
17,174
Single Family
16,074
Multi-Family
1,100
Businesses
851
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