719 NW 17th AvePortlandOR97209
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 719 NW 17th Ave, Portland, OR, 97209 in Portland: $8,052/mo in rent, $1,143/mo in net income, 9.87% gross yield, 1.83 DSCR, all at $979,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $270,480 in appreciation and $9,017/yr in principal paydown projects total cumulative return of $448,486.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 5.5% |
| Monthly Cash Flow | $1,143 | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,052 |
| Total Monthly Debt Service | $6,520 |
| DSCR Ratio | 1.24x |
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.
Townhouse
Built in 1893
N/A lot
$N/A/sqft
$471 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97209, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,901 (100%) |
| Owner Occupied HU | 2,761 (14.6%) |
| Renter Occupied HU | 12,749 (67.5%) |
| Vacant Housing Units | 3,391 (17.9%) |
| Median Home Value | $770,736 |
| Average Home Value | $881,846 |
Housing Distribution
Address Breakdown
Residential
16,853
Single Family
1,039
Multi-Family
15,814
Businesses
1,615
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
Townhouse
Built in 1893
N/A lot
$N/A/sqft
$471 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97209, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,901 (100%) |
| Owner Occupied HU | 2,761 (14.6%) |
| Renter Occupied HU | 12,749 (67.5%) |
| Vacant Housing Units | 3,391 (17.9%) |
| Median Home Value | $770,736 |
| Average Home Value | $881,846 |
Housing Distribution
Address Breakdown
Residential
16,853
Single Family
1,039
Multi-Family
15,814
Businesses
1,615
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ross Seligman • Real Broker
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #223084647
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 2025 RMLS, Portland, Oregon. This content last updated on 2025-10-13 03:19:10 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.