4623 NE Sumner StPortlandOR97218
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 4623 NE Sumner St, Portland, OR, 97218 in Portland at $649,900. Rental yield 6.17%. The 6.17% yield and 1.14 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $179,555 by year five, and $5,986/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $208,682.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 5.5% |
| Monthly Cash Flow | $(581) | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,342 |
| Total Monthly Debt Service | $3,664 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1942
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97218, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,005 (100%) |
| Owner Occupied HU | 3,433 (57.2%) |
| Renter Occupied HU | 2,270 (37.8%) |
| Vacant Housing Units | 302 ( 5.0%) |
| Median Home Value | $591,591 |
| Average Home Value | $626,072 |
Housing Distribution
Address Breakdown
Residential
6,184
Single Family
5,747
Multi-Family
437
Businesses
650
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 1942
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97218, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,005 (100%) |
| Owner Occupied HU | 3,433 (57.2%) |
| Renter Occupied HU | 2,270 (37.8%) |
| Vacant Housing Units | 302 ( 5.0%) |
| Median Home Value | $591,591 |
| Average Home Value | $626,072 |
Housing Distribution
Address Breakdown
Residential
6,184
Single Family
5,747
Multi-Family
437
Businesses
650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices