390 NW 116th Ave UNIT 102PortlandOR97229
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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 390 NW 116th Ave UNIT 102, Portland, OR, 97229 earns $394/mo cash flow from $2,773/mo rent with a $1,870/mo payment. Total monthly income totals $2,773/mo, and annual cash flow totals $4,734/yr on $126,666 capital. ROI tracks 23.65% on current figures, and rental yield reads 8.71% at a $382,100 purchase. Equity gained on principal adds $2,466/yr, and 5% annual appreciation supports $105,567 over five years. Five-year ROI reaches 122.94% and total cumulative return in cash sums $155,724. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,773/mo property income instead of your personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97229, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,595 (100%) |
| Owner Occupied HU | 19,842 (69.4%) |
| Renter Occupied HU | 7,682 (26.9%) |
| Vacant Housing Units | 1,071 ( 3.7%) |
| Median Home Value | $780,837 |
| Average Home Value | $818,718 |
Housing Distribution
Address Breakdown
Residential
28,709
Single Family
26,480
Multi-Family
2,229
Businesses
508
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