6350 NE 66th AvePortlandOR97218
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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 6350 NE 66th Ave, Portland, OR, 97218 listed at $399,999 pairs $2,927/mo rent with a $1,958/mo payment to leave $512/mo cash flow. Total monthly income runs $2,927/mo, and annual cash flow reaches $6,148/yr on $132,600 cash to close. Return on cash invested measures 24.55% in year one, and rental yield registers 8.78% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 127.51% and total cumulative return in cash totals $169,083. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,927/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97218, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,005 (100%) |
| Owner Occupied HU | 3,433 (57.2%) |
| Renter Occupied HU | 2,270 (37.8%) |
| Vacant Housing Units | 302 ( 5.0%) |
| Median Home Value | $591,591 |
| Average Home Value | $626,072 |
Housing Distribution
Address Breakdown
Residential
6,184
Single Family
5,747
Multi-Family
437
Businesses
650
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Nearby investment properties with comparable prices
Listed by: CIELO DEL ROSARIO • Dore
Mls Name: WVMLS
Mls Provider:
Mls ID: #826494
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.