6577 NW McGregor Ter, Portland, OR, 97229 | 7.16% Rental Yield

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6577 NW McGregor Ter, Portland, OR, 97229 | 7.16% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Portland at 6577 NW McGregor Ter, Portland, OR, 97229 earns from $2,981/mo rent with a $2,447/mo payment. Total monthly income totals $2,981/mo. ROI tracks 19.64% on current figures, and rental yield reads 7.16% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 101.23% and total cumulative return in cash sums $167,748. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,981/mo property income instead of your personal income.

Single Family

Built in 2000

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this charming 3 bedroom, 2.1 bathroom home nestled in Portland's desirable Bethany neighborhood. Built in 2000, this 1,362 sq ft home offers thoughtful updates and modern comforts throughout.Inside, you are greeted by a spacious great room with an open-concept layout featuring laminate floors throughout the main level that create a warm and inviting atmosphere. The kitchen is equipped with oak cabinetry, deco-tile countertops, an eating bar, and built-in microwave - perfect for both everyday meals and entertaining. The cozy living room has a corner gas fireplace for both ambiance and comfort. Upstairs, the primary suite is a generous retreat with a private bathroom featuring a large shower.Additionally, the home has blinds throughout, central air conditioning, and is wired for surround sound in the living room to enhance the home's functionality and comfort.Outside, you'll find a private fenced backyard that is now a maintenance-free space with a covered patio and planter area, perfect for entertaining. The front yard is HOA maintained - Enjoy the beauty of a well-kept front yard and sprinkler system without the time and money for the upkeep.The home is situated in a picturesque neighborhood, conveniently located near shopping centers, parks, and major employers such as Intel, Nike, and Columbia. Downtown Portland is just a 15-minute drive away, offering easy access to city amenities too. Looking for the perfect blend of comfort, convenience, and community? With it's move-in ready condition and desirable location, 6577 NW McGregor Terrace is a must-see.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97229, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	28,595 (100%)
Owner Occupied HU	19,842 (69.4%)
Renter Occupied HU	7,682 (26.9%)
Vacant Housing Units	1,071 ( 3.7%)
Median Home Value	$780,837
Average Home Value	$818,718