4617 NW Imnaha Ct, Portland, OR, 97229 | 6.11% Rental Yield

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4617 NW Imnaha Ct, Portland, OR, 97229 | 6.11% Rental Yield | 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

Investment property for sale in Portland at 4617 NW Imnaha Ct, Portland, OR, 97229 offers a 6.11% rental yield on a $615,000 purchase with $3,130/mo rent. 61% in year one. Equity gained on principal adds $3,969/yr while 5% annual appreciation supports $169,913 over five years. Portfolio math shows five-year ROI at 84.9% and total cumulative return in cash at $171,785. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,130/mo property income against a $3,010/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1976

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

One-level living on a spectacular Rock Creek lot! Ideally located on a quiet street, this spacious ranch offers an exceptionally private, oversized (0.35-acre) lot with an incredible park-like backyard. The fully fenced backyard features a large deck, mature landscaping with shade trees and seasonal flowering plants, expansive lawn, and new garden shed. The home has been meticulously maintained and thoughtfully updated with a fully remodeled kitchen featuring new white cabinetry, quartz counters, full-height tile backsplash, and new stainless steel appliances. The kitchen is completely open to the oversized family room, with new LVP flooring and a slider for convenient access to the deck and backyard. Large primary suite features attached bathroom with updated walk-in shower. There are two more sizable bedrooms, plus a second full bathroom with LVT flooring. High-quality construction with large room sizes and wide hallways, cedar siding, masonry floor-to-ceiling fireplace, spacious laundry room with half bath and built-ins, abundant storage, oversized two-car garage, and more! Recent updates include new architectural composition roof, recent Trane high-efficiency furnace, Carrier heat pump (2017), water heater (2017), vinyl windows, exterior paint, and just-stained front door and garage door. Fantastic location, just moments from THPRD trails and parks, Rock Creek Country Club, great schools, and local Washington County employers!

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