3500 SE Concord Rd UNIT 70, Milwaukie, OR, 97267 | $1,570/mo Cash Flow

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3500 SE Concord Rd UNIT 70, Milwaukie, OR, 97267 | $1,570/mo Cash Flow | Ziffy

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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 Milwaukie at 3500 SE Concord Rd UNIT 70, Milwaukie, OR, 97267 listed at $127,500 pairs $2,340/mo rent with a $624/mo payment to leave $1,570/mo cash flow. Total monthly income runs $2,340/mo, and annual cash flow reaches $18,845/yr on $42,266 cash to close. Return on cash invested measures 64.5% in year one, and rental yield registers 22.02% at a $127,500 basis. Equity gained on principal adds $823/yr, and annual property appreciation at 5% supports $35,226 by year five. Five-year ROI tracks 341.8% and total cumulative return in cash totals $144,466. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $624/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1980

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully maintained home located in Concord Terrace; a 55+ community. If you are looking for a larger home, you have found it. Open floor plan offers two large eating areas and oversized living room. The 2nd dining area can be used for a family/TV room. Enjoy a large, open kitchen, where you can prepare meals for one, or host friends and family for a party. The kitchen offers wood cabinets, ample counter space, dishwasher, frost free fridge, built in oven and a counter cook top. The utility room is extra-large with built in counters and cabinets. It is perfect for a craft room or office. The primary bedroom is oversized with an ensuite bathroom, which offers a large walk-in shower. Your guest bedrooms with the guest bath, are at the opposite end of the home. Outside you will find a large, beautiful yard with blooming flowers. Sit on your covered porch and take in the quiet. This home offers a double carport, walk through shed, fresh paint, New Heat Pump (2021) and a wheelchair ramp.

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