707 N Hayden Island Dr UNIT 201PortlandOR97217
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 707 N Hayden Island Dr UNIT 201, Portland, OR, 97217 in Portland earns a 10.38% gross yield at $454,400. Rent of $3,929/mo nets $205/mo after the $2,043/mo mortgage. The 1.92 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $125,542 and $4,185/yr in equity accumulation project a total cumulative return of $189,533.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.5% |
| Monthly Cash Flow | $205 | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,929 |
| Total Monthly Debt Service | $3,543 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2006
N/A lot
$N/A/sqft
$487 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97217, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,848 (100%) |
| Owner Occupied HU | 9,409 (49.9%) |
| Renter Occupied HU | 7,480 (39.7%) |
| Vacant Housing Units | 1,959 (10.4%) |
| Median Home Value | $604,473 |
| Average Home Value | $613,107 |
Housing Distribution
Address Breakdown
Residential
18,497
Single Family
14,772
Multi-Family
3,725
Businesses
1,310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2006
N/A lot
$N/A/sqft
$487 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97217, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,848 (100%) |
| Owner Occupied HU | 9,409 (49.9%) |
| Renter Occupied HU | 7,480 (39.7%) |
| Vacant Housing Units | 1,959 (10.4%) |
| Median Home Value | $604,473 |
| Average Home Value | $613,107 |
Housing Distribution
Address Breakdown
Residential
18,497
Single Family
14,772
Multi-Family
3,725
Businesses
1,310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices