3948 SE Wake StMilwaukieOR97222
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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
Rental property for sale in Milwaukie at 3948 SE Wake St, Milwaukie, OR, 97222 generates $3,968/mo in rent and, after a $2,423/mo payment, leaves $980/mo in cash flow. Total monthly income is $3,968/mo, and annual cash flow is $11,758/yr on $164,093 invested. Return on cash invested sits at 27.07% in year one, and rental yield is 9.62% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 141.06% and total cumulative return in cash sums $231,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,968/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
N/A 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
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