3615 SE Grogan AveMilwaukieOR97222
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 3615 SE Grogan Ave, Milwaukie, OR, 97222 in Milwaukie earns a 9.69% gross yield at $533,800. Rent of $4,312/mo nets $799/mo after the $2,400/mo mortgage. The 1.80 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $147,479 and $4,916/yr in equity accumulation project a total cumulative return of $254,762.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 5.8% |
| Monthly Cash Flow | $799 | $420 |
City averages based on Milwaukie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,312 |
| Total Monthly Debt Service | $3,301 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1993
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97222, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,111 (100%) |
| Owner Occupied HU | 8,989 (52.5%) |
| Renter Occupied HU | 7,133 (41.7%) |
| Vacant Housing Units | 989 ( 5.8%) |
| Median Home Value | $536,023 |
| Average Home Value | $602,686 |
Housing Distribution
Address Breakdown
Residential
15,973
Single Family
13,579
Multi-Family
2,394
Businesses
929
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1993
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97222, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,111 (100%) |
| Owner Occupied HU | 8,989 (52.5%) |
| Renter Occupied HU | 7,133 (41.7%) |
| Vacant Housing Units | 989 ( 5.8%) |
| Median Home Value | $536,023 |
| Average Home Value | $602,686 |
Housing Distribution
Address Breakdown
Residential
15,973
Single Family
13,579
Multi-Family
2,394
Businesses
929
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices