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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 6980 SW Laber Rd, Portland, OR, 97225 offers $5,608/mo rent that, after a $5,702/mo payment. Total monthly income is $5,608/mo. Return on cash invested measures 15.84% in year one, and rental yield stands at 5.78% at a $1,165,000 entry. Equity gained on principal adds $7,518/yr while 5% annual appreciation compounds into $321,868 by year five. Five-year ROI records 80.73% and total cumulative return in cash reaches $304,707. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,608/mo property income versus a $5,702/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97225, Portland, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,760 (100%) |
| Owner Occupied HU | 7,142 (56.0%) |
| Renter Occupied HU | 5,005 (39.2%) |
| Vacant Housing Units | 613 ( 4.8%) |
| Median Home Value | $808,289 |
| Average Home Value | $851,429 |
Residential
12,234
Single Family
8,960
Multi-Family
3,274
Businesses
833
Date | Event | Price |
|---|---|---|
| 2024-10-10 | Listed for sale | $1,165,000 |
| 2004-06-30 | Sold | $409,000 |
| 1997-01-22 | Sold | $283,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $8800.57 | 3.35% | $487,820 | 3.00% |
| 2022-10-18 | $8515.42 | 3.74% | $473,620 | N/A |
| 2021-10-18 | $8208.63 | 3.11% | N/A | N/A |
Listed by: Diana Erickson • John L. Scott
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24674854
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 09:16:50 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.
