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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% |
Investment property for sale in Portland at 712 NW 118th Ave APT 102, Portland, OR, 97229 offers a 9.32% rental yield on a $425,000 purchase with $3,300/mo rent. Total monthly income registers $3,300/mo, and a $2,080/mo payment leaves $365/mo available for distribution. Annual cash flow reaches $4,379/yr on $140,888 to close, and return on cash invested stands at 23.02% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 120.44% and total cumulative return in cash at $169,685. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,300/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$315 monthly HOA
Neighborhood data shown for ZIP Code: 97229, Portland, OR area.
| 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 |
Residential
28,709
Single Family
26,480
Multi-Family
2,229
Businesses
508
Date | Event | Price |
|---|---|---|
| 2024-10-05 | Listed for sale | $425,000 |
| 2015-05-26 | Sold | $239,900 |
| 2015-04-22 | Pending sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $4781.92 | 4.48% | $226,280 | 3.00% |
| 2022-10-15 | $4576.66 | 3.62% | $219,690 | N/A |
| 2021-10-15 | $4416.61 | 3.14% | N/A | N/A |
Listed by: James DeMarco • Investors Trust Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24270429
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 2024-10-15 05:14:03 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.
