709 N Rosa Parks WayPortlandOR97217
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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 709 N Rosa Parks Way, Portland, OR, 97217 priced at $1,199,500 pairs $2,751/mo rent with after a $5,871/mo payment. Total monthly income equals $2,751/mo. Return on cash invested is 6.51% in year one, and rental yield stands at 2.75% on a $1,199,500 basis. Equity gained on principal adds $7,740/yr, and 5% annual appreciation accumulates to $331,400 by year five. Five-year ROI measures 30.68% and total cumulative return in cash reaches $119,218. For financing, Ziffy Mortgage’s DSCR program evaluates $2,751/mo property income against a $5,871/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1927
9,147 sqft lot
$N/A/sqft
No 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
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