570 NE 55th AvePortlandOR97213
INVESTMENT ANALYSIS
Investment Verdict
Solid Income570 NE 55th Ave, Portland, OR, 97213 in Portland is a solid income-producing rental, 8.09% gross yield, $3,330/mo rent, $348/mo net cash flow on a $494,000 buy. DSCR 1.50 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $136,483 and $4,550/yr in principal reduction project a total cumulative return of $209,461.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.5% |
| Monthly Cash Flow | $348 | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,330 |
| Total Monthly Debt Service | $2,785 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2021
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97213, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,807 (100%) |
| Owner Occupied HU | 8,301 (56.1%) |
| Renter Occupied HU | 5,783 (39.1%) |
| Vacant Housing Units | 723 ( 4.9%) |
| Median Home Value | $652,732 |
| Average Home Value | $687,578 |
Housing Distribution
Address Breakdown
Residential
14,217
Single Family
12,496
Multi-Family
1,721
Businesses
1,045
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 2021
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97213, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,807 (100%) |
| Owner Occupied HU | 8,301 (56.1%) |
| Renter Occupied HU | 5,783 (39.1%) |
| Vacant Housing Units | 723 ( 4.9%) |
| Median Home Value | $652,732 |
| Average Home Value | $687,578 |
Housing Distribution
Address Breakdown
Residential
14,217
Single Family
12,496
Multi-Family
1,721
Businesses
1,045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices