601 N Tomahawk Island DrPortlandOR97217
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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 601 N Tomahawk Island Dr, Portland, OR, 97217 priced at $459,999 converts $4,298/mo rent into $1,522/mo cash flow after a $2,251/mo obligation. Total monthly income equals $4,298/mo, and annual cash flow totals $18,262/yr on $152,490 invested. Return on cash invested prints 31.88% in year one, and rental yield reads 11.21% against a $459,999 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,089 by year five. Five-year ROI reaches 166.85% and total cumulative return in cash sums $254,425. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,298/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Townhouse
Built in 1972
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,497
Single Family
14,772
Multi-Family
3,725
Businesses
1,310
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