604 SE Andover PlPortlandOR97202
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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 604 SE Andover Pl, Portland, OR, 97202 with 5% annual appreciation on a $1,675,000 basis while $5,248/mo rent supports operations. 62% in year one. Equity gained on principal adds $10,809/yr, and five-year appreciation sums $462,772 alongside rental yield of 3.76%. Five-year ROI measures 47.36% and total cumulative return in cash totals $256,998. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,248/mo property income versus a $8,198/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97202, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,943 (100%) |
| Owner Occupied HU | 9,458 (45.2%) |
| Renter Occupied HU | 9,812 (46.9%) |
| Vacant Housing Units | 1,673 ( 8.0%) |
| Median Home Value | $708,778 |
| Average Home Value | $749,176 |
Housing Distribution
Address Breakdown
Residential
20,150
Single Family
16,343
Multi-Family
3,807
Businesses
1,425
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