5037 NE Alberta StPortlandOR97218
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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 5037 NE Alberta St, Portland, OR, 97218 priced at $299,995 pairs $1,696/mo rent with after a $1,468/mo payment. Total monthly income equals $1,696/mo. Return on cash invested is 18.53% in year one, and rental yield stands at 6.78% on a $299,995 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,883 by year five. Five-year ROI measures 95.24% and total cumulative return in cash reaches $94,714. For financing, Ziffy Mortgage’s DSCR program evaluates $1,696/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1929
6,098 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
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