6 NE 74th Ave #BPortlandOR97213
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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
Investment property for sale in Portland at 6 NE 74th Ave #B, Portland, OR, 97213 with 5% annual appreciation on a $244,900 basis while $1,663/mo rent supports operations. Total monthly income totals $1,663/mo and a $1,199/mo payment preserves $184/mo for cash returns. Annual cash flow comes to $2,213/yr on $81,184 deployed, and return on cash invested reaches 22.63% in year one. Equity gained on principal adds $1,580/yr, and five-year appreciation sums $67,661 alongside rental yield of 8.15%. Five-year ROI measures 117.28% and total cumulative return in cash totals $95,213.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,663/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
N/A 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
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