610 S Nevada St #HPortlandOR97219
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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 610 S Nevada St #H, Portland, OR, 97219 with 5% annual appreciation on a $355,000 basis while $2,821/mo rent supports operations. Total monthly income totals $2,821/mo and a $1,738/mo payment preserves $678/mo for cash returns. Annual cash flow comes to $8,133/yr on $117,683 deployed, and return on cash invested reaches 26.82% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,080 alongside rental yield of 9.54%. Five-year ROI measures 139.71% and total cumulative return in cash totals $164,412.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,821/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97219, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,563 (100%) |
| Owner Occupied HU | 11,477 (65.3%) |
| Renter Occupied HU | 5,017 (28.6%) |
| Vacant Housing Units | 1,069 ( 6.1%) |
| Median Home Value | $697,594 |
| Average Home Value | $790,223 |
Housing Distribution
Address Breakdown
Residential
17,174
Single Family
16,074
Multi-Family
1,100
Businesses
851
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