4833 NW Blandy TerPortlandOR97229
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
Investment Highlights
Rental property for sale in Portland at 4833 NW Blandy Ter, Portland, OR, 97229 priced at $415,000 pairs $3,300/mo rent with $450/mo cash flow after a $2,031/mo payment. Total monthly income equals $3,300/mo, and annual cash flow comes to $5,399/yr on $137,573 invested. Return on cash invested is 23.83% in year one, and rental yield stands at 9.54% on a $415,000 basis. Equity gained on principal adds $2,678/yr, and 5% annual appreciation accumulates to $114,657 by year five. Five-year ROI measures 124.77% and total cumulative return in cash reaches $171,645. For financing, Ziffy Mortgage’s DSCR program evaluates $3,300/mo property income against a $2,031/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
1,306 sqft lot
$N/A/sqft
$328 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Price change | $415,000 |
| 2024-09-26 | Listed for sale | $424,900 |
| 2017-09-29 | Sold | $175,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $4231.04 | 3.37% | $233,430 | 3.00% |
| 2022-10-17 | $4093.27 | 3.75% | $226,640 | N/A |
| 2021-10-17 | $3945.48 | 3.14% | N/A | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Townhouse
- Year Built: 2006
- Architectural Style: N/A
- Building Area: 1,454
- Living Area: 1,454 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Forced Air, Fireplace(s)
- Cooling: Central Air
- Flooring: Wall to Wall Carpet
- Interior Features: Ceiling Fan(s), Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Pantry, Granite, Double Vanity, Shower
- Exterior Features: N/A
- Parking Features: Garage Door Opener, Attached
Location
HOA & Fees
- HOA Fee: $328 monthly
- Association Fee: $328 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Sato
- Middle School: Stoller
- High School: Westview
Listed by: Rick McDowell • Premiere Property Group, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24040442
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 2024-10-17 12:44:14 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.