5889 SW 47th Pl LOT 5PortlandOR97221
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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 5889 SW 47th Pl LOT 5, Portland, OR, 97221 generates $5,491/mo in rent, after a $5,873/mo payment. Total monthly income is $5,491/mo. Return on cash invested sits at 14.68% in year one, and rental yield is 5.49% on a $1,199,900 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,510 over five years. Five-year ROI reaches 74.58% and total cumulative return in cash sums $289,960. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,491/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$93 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97221, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,608 (100%) |
| Owner Occupied HU | 3,763 (67.1%) |
| Renter Occupied HU | 1,575 (28.1%) |
| Vacant Housing Units | 270 ( 4.8%) |
| Median Home Value | $797,563 |
| Average Home Value | $906,915 |
Housing Distribution
Address Breakdown
Residential
5,574
Single Family
4,913
Multi-Family
661
Businesses
251
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Listed by: Taya Mower • Keller Williams Sunset Corridor
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24653816
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 07:54:12 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.