3590 SW Patton Rd #C, Portland, OR, 97221 | $142/mo Cash Flow

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3590 SW Patton Rd #C, Portland, OR, 97221 | $142/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Rental property for sale in Portland at 3590 SW Patton Rd #C, Portland, OR, 97221 generates $3,251/mo in rent and, after a $2,521/mo payment, leaves $142/mo in cash flow. Total monthly income is $3,251/mo, and annual cash flow is $1,704/yr on $169,435 invested. Return on cash invested sits at 21.07% in year one, and rental yield is 7.58% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 108.84% and total cumulative return in cash sums $184,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,251/mo property income rather than buyer’s personal income.

Condo

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Get ready to fall hard for this brand-new, contemporary 2-bedroom, 1.5-bath condo tucked into the leafy hills of Southwest Portland. Just up the street from Council Crest Parkaka one of the best views in the entire citywhere youll have hiking trails, sunset lookouts, and that classic SW Portland vibe right at your doorstep.Step inside and feel the good energy: an open-concept main floor with big windows, great natural light, and a sleek modern kitchen that makes cooking (or ordering takeout and pretending you cooked) look good. New appliances with The half bath on the main level keeps things easy when youve got friends over.Upstairs, youll find two comfy bedrooms perfect for recharging, plus a stylish full bathroom with spa-inspired finishesyour own little retreat in the trees.But the showstopper? Your own private yard. Yes, a real yard. Plant a garden, host a summer BBQ, let your dog run laps, or claim it as your outdoor zen zonewhatever your vibe, youve got the space to do it. More perks: Energy-efficient new build = comfort + lower bills Plumbed for future solar panels for true net-zero life In-unit laundry (no more laundry day field trips!) Modern fixtures throughout Low-maintenance living so you can spend more time exploring the neighborhoodClose to all your favorite places in the Southwest Hills, Cotta coffee, OHSU, and the scenic adventures of SW Portland, this condo brings together nature, style, and a whole lot of fun. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10227869]

Neighborhood Data

Neighborhood data shown for ZIP Code: 97221, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,608 (100%)
Owner Occupied HU	3,763 (67.1%)
Renter Occupied HU	1,575 (28.1%)
Vacant Housing Units	270 ( 4.8%)
Median Home Value	$797,563
Average Home Value	$906,915