606 NW Naito Pkwy APT A3PortlandOR97209
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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 606 NW Naito Pkwy APT A3, Portland, OR, 97209 generates $1,903/mo in rent and, after a $1,370/mo payment, leaves $213/mo in cash flow. Total monthly income is $1,903/mo, and annual cash flow is $2,561/yr on $92,787 invested. Return on cash invested sits at 22.67% in year one, and rental yield is 8.16% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 117.48% and total cumulative return in cash sums $109,009. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,903/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97209, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,901 (100%) |
| Owner Occupied HU | 2,761 (14.6%) |
| Renter Occupied HU | 12,749 (67.5%) |
| Vacant Housing Units | 3,391 (17.9%) |
| Median Home Value | $770,736 |
| Average Home Value | $881,846 |
Housing Distribution
Address Breakdown
Residential
16,853
Single Family
1,039
Multi-Family
15,814
Businesses
1,615
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