5704 N Greeley Ave, Portland, OR, 97217 | $162/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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5704 N Greeley Ave, Portland, OR, 97217 | $162/mo Cash Flow | 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 5704 N Greeley Ave, Portland, OR, 97217 earns $162/mo cash flow from $3,240/mo rent with a $2,496/mo payment. Total monthly income totals $3,240/mo, and annual cash flow totals $1,941/yr on $167,790 capital. ROI tracks 21.22% on current figures, and rental yield reads 7.62% at a $510,000 purchase. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,904 over five years. Five-year ROI reaches 109.62% and total cumulative return in cash sums $183,927. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,240/mo property income instead of your personal income.

Single Family

Built in 1908

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Adorable Portland Cottage in the heart of the highly walkable Overlook neighborhood! Situated on a charming corner lot at Greeley Avenue and Jessup, this home is surrounded by historic character and Portlands evolving urban energy. With easy access to public transit and just steps from Adidas Headquarters, local cafes, pubs, bakeries, and eateries, this location is perfect for families, commuters, investors, or anyone wanting to enjoy the vibrant lifestyle of the city.The home itself has been thoughtfully maintained and updated. A new roof was installed in 2019, and both the exterior and interior have been freshly painted. The furnace and A/C are less than two years old, and the kitchen features a newer refrigerator and dishwasher. Natural light fills the living spaces, and a cozy gas fireplace creates warmth and charm throughout.The unfinished basement offers excellent potential for additional space or storagebuyers to do their own due diligence. Outdoors, the property shines with a variety of fruit trees, a large fenced-in garden, and plenty of room to relax and enjoy Portlands seasons.Zoned CM1, this property provides exceptional flexibility for both residential and commercial possibilities. Whether you are looking for a home with historic charm, a smart investment, or a mixed-use opportunity, this Greeley Avenue gem delivers it all.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97217, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,848 (100%)
Owner Occupied HU	9,409 (49.9%)
Renter Occupied HU	7,480 (39.7%)
Vacant Housing Units	1,959 (10.4%)
Median Home Value	$604,473
Average Home Value	$613,107