




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Portland at 623 N Tomahawk Island Dr, Portland, OR, 97217 listed at $475,000 pairs $2,160/mo rent with a $2,325/mo payment. Total monthly income runs $2,160/mo. Return on cash invested measures 14.52% in year one, and rental yield registers 5.46% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 73.74% and total cumulative return in cash totals $116,119. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97217, Portland, OR area.
| 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 |
Residential
18,497
Single Family
14,772
Multi-Family
3,725
Businesses
1,310
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Staci Davis • Key Realty
Mls Name: RMLS (OR)
Mls ID: #564248341