5840 SE 89th Ave #5F824E640PortlandOR97266
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play5840 SE 89th Ave #5F824E640, Portland, OR, 97266 in Portland is priced for appreciation, not yield. Rental yield 0.81%. At $1,948,800 with a 0.81% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $538,418 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.15) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $65,663.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.8% | 5.5% |
| Monthly Cash Flow | $(10,443) | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $10,988 |
| DSCR Ratio | 0.12x |
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.
Multi Family
Built in 2023
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97266, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,362 (100%) |
| Owner Occupied HU | 6,892 (51.6%) |
| Renter Occupied HU | 5,836 (43.7%) |
| Vacant Housing Units | 634 ( 4.7%) |
| Median Home Value | $501,884 |
| Average Home Value | $547,354 |
Housing Distribution
Address Breakdown
Residential
12,977
Single Family
11,732
Multi-Family
1,245
Businesses
753
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
Multi Family
Built in 2023
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97266, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,362 (100%) |
| Owner Occupied HU | 6,892 (51.6%) |
| Renter Occupied HU | 5,836 (43.7%) |
| Vacant Housing Units | 634 ( 4.7%) |
| Median Home Value | $501,884 |
| Average Home Value | $547,354 |
Housing Distribution
Address Breakdown
Residential
12,977
Single Family
11,732
Multi-Family
1,245
Businesses
753
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices