356 NE 108th PlPortlandOR97220
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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 356 NE 108th Pl, Portland, OR, 97220 uses $197,400 cash to close to unlock $8,532/yr annual cash flow and $711/mo monthly cash flow. Total monthly income runs $4,333/mo, and a $2,937/mo payment keeps the spread at $711/mo. Purchase price stands at $600,000, and rental yield measures 8.67% with $4,333/mo rent. Return on cash invested shows 24.38% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 126.59% and total cumulative return in cash records $249,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,333/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 1960
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97220, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,747 (100%) |
| Owner Occupied HU | 6,482 (50.9%) |
| Renter Occupied HU | 5,582 (43.8%) |
| Vacant Housing Units | 683 ( 5.4%) |
| Median Home Value | $482,875 |
| Average Home Value | $534,171 |
Housing Distribution
Address Breakdown
Residential
12,065
Single Family
10,268
Multi-Family
1,797
Businesses
1,209
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