6134 NE Multnomah StPortlandOR97213
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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 6134 NE Multnomah St, Portland, OR, 97213 offers a 10.36% rental yield on a $667,000 purchase with $5,758/mo rent. Total monthly income registers $5,758/mo, and a $3,265/mo payment leaves $1,732/mo available for distribution. Annual cash flow reaches $20,778/yr on $219,443 to close, and return on cash invested stands at 29.53% in year one. Equity gained on principal adds $4,304/yr while 5% annual appreciation supports $184,280 over five years. Portfolio math shows five-year ROI at 154.2% and total cumulative return in cash at $338,375. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,758/mo property income against a $3,265/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1956
4,791 sqft 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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