3500 SE Concord Rd UNIT 61MilwaukieOR97267
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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 Milwaukie at 3500 SE Concord Rd UNIT 61, Milwaukie, OR, 97267 generates $2,395/mo in rent and, after a $749/mo payment, leaves $1,471/mo in cash flow. Total monthly income is $2,395/mo, and annual cash flow is $17,656/yr on $50,720 invested. Return on cash invested sits at 54.72% in year one, and rental yield is 18.78% on a $153,000 entry. Equity gained on principal adds $987/yr, while 5% annual appreciation builds toward $42,271 over five years. Five-year ROI reaches 289.38% and total cumulative return in cash sums $146,772. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,395/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97267, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,396 (100%) |
| Owner Occupied HU | 9,285 (69.3%) |
| Renter Occupied HU | 3,622 (27.0%) |
| Vacant Housing Units | 489 ( 3.7%) |
| Median Home Value | $579,336 |
| Average Home Value | $616,589 |
Housing Distribution
Address Breakdown
Residential
13,018
Single Family
12,236
Multi-Family
782
Businesses
486
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