6505 SE Thorburn StPortlandOR97215
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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
Rental property for sale in Portland at 6505 SE Thorburn St, Portland, OR, 97215 generates $3,594/mo in rent, after a $4,992/mo payment. Total monthly income is $3,594/mo. Return on cash invested sits at 11.07% in year one, and rental yield is 4.23% on a $1,020,000 entry. Equity gained on principal adds $6,582/yr, while 5% annual appreciation builds toward $281,807 over five years. Five-year ROI reaches 55.12% and total cumulative return in cash sums $182,155. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,594/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97215, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,776 (100%) |
| Owner Occupied HU | 4,638 (52.8%) |
| Renter Occupied HU | 3,547 (40.4%) |
| Vacant Housing Units | 591 ( 6.7%) |
| Median Home Value | $687,368 |
| Average Home Value | $736,743 |
Housing Distribution
Address Breakdown
Residential
7,980
Single Family
7,144
Multi-Family
836
Businesses
352
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