3970 N Interstate AvePortlandOR97227
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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 Portland at 3970 N Interstate Ave, Portland, OR, 97227 priced at $224,950 pairs $1,733/mo rent with after a $1,101/mo payment. Total monthly income equals $1,733/mo. Return on cash invested is 18.79% in year one, and rental yield stands at 9.24% on a $224,950 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,150 by year five. Five-year ROI measures 99.26% and total cumulative return in cash reaches $74,021. For financing, Ziffy Mortgage’s DSCR program evaluates $1,733/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
$445 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97227, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,335 (100%) |
| Owner Occupied HU | 723 (21.7%) |
| Renter Occupied HU | 2,169 (65.0%) |
| Vacant Housing Units | 443 (13.3%) |
| Median Home Value | $656,049 |
| Average Home Value | $684,820 |
Housing Distribution
Address Breakdown
Residential
3,386
Single Family
1,688
Multi-Family
1,698
Businesses
647
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Listed by: Nick Rossi • Keller Williams Realty Portland Elite
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24130794
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-18 03:09:06 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.