Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Portland at 618 NW 12th Ave APT 303, Portland, OR, 97209 generates $1,988/mo in rent, after a $1,591/mo payment. Total monthly income is $1,988/mo. Return on cash invested sits at 11.47% in year one, and rental yield is 7.34% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 60.58% and total cumulative return in cash sums $65,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,988/mo property income rather than buyer’s personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
$579 monthly HOA
Neighborhood data shown for ZIP Code: 97209, Portland, OR area.
| 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 |
Residential
16,853
Single Family
1,039
Multi-Family
15,814
Businesses
1,615
Date | Event | Price |
|---|---|---|
| 2024-06-27 | Listed for sale | $325,000 |
| 2022-09-07 | Listing removed | N/A |
| 2022-07-20 | Listed for rent | $1,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $5608.37 | -7.38% | $262,550 | 3.00% |
| 2022-10-18 | $6055.40 | 3.49% | $254,910 | 3.00% |
| 2021-10-18 | $5851.30 | 3.10% | $247,490 | 3.00% |
Listed by: Andrew Pienovi • Windermere Realty Trust
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24039043
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-18 04:29:43 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
