7066 N University Ave, Portland, OR, 97203 | $12/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7066 N University Ave, Portland, OR, 97203 | $12/mo Cash Flow | 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 7066 N University Ave, Portland, OR, 97203 earns $12/mo cash flow from $3,000/mo rent with a $2,423/mo payment. Total monthly income totals $3,000/mo, and annual cash flow totals $142/yr on $164,093 capital. ROI tracks 20% on current figures, and rental yield reads 7.27% at a $495,000 purchase. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 over five years. Five-year ROI reaches 103.1% and total cumulative return in cash sums $169,186. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.

Single Family

Built in 1944

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Cute Cape Cod, on a great street in University Park. A wonderful house waiting for it's next owners to make it their home. Original hardwoods throughout the main floor in exceptional condition, a beautiful picture window in the well sized living room, showcasing the fabulous neighborhood street. The wood burning fireplace and mantel enhance the character of the house. A formal dining room set between the living room and the kitchen makes the space ideal for traditional entertaining. The kitchen boasts a late 90's renovation with nice cabinetry, an updated backsplash, modern appliances, concrete counter tops and maybe best of all a generous "breakfast nook". Additionally, you'll find 2 bedrooms and a modern bath w/ a tub/shower on the main floor. Upstairs you'll find a spacious bedroom with wood floors. The Basement is partially finished with a family room, flex space, laundry room and an indoor workshop. There's room down here for any number of useful spaces. The outdoor space in the back is generous and fenced on all three sides, a fire pit area is behind the single detacted garage. This house with its timely updates and Cape Cad, University Park Charm is a great platform for everyone interest in being close to the city in a well sought after neighborhood.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97203, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,538 (100%)
Owner Occupied HU	7,019 (51.8%)
Renter Occupied HU	5,754 (42.5%)
Vacant Housing Units	765 ( 5.7%)
Median Home Value	$555,551
Average Home Value	$589,368