616 N Tomahawk Island DrPortlandOR97217
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 616 N Tomahawk Island Dr, Portland, OR, 97217 in Portland achieves a 1.61 ratio at $299,000: $2,160/mo rent versus $1,344/mo debt service. Rental yield 8.67%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.67% yield compounds alongside 5% annual appreciation projecting $82,608 in value. Total projected cumulative return: $136,092.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.5% |
| Monthly Cash Flow | $(395) | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,686 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1974
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1974
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
