7222 N Olin Ave, Portland, OR, 97203 | $435/mo Cash Flow

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 7222 N Olin Ave, Portland, OR, 97203 uses $210,560 cash to close to unlock $5,224/yr annual cash flow and $435/mo monthly cash flow. Total monthly income runs $4,298/mo, and a $3,132/mo payment keeps the spread at $435/mo. Purchase price stands at $640,000, and rental yield measures 8.06% with $4,298/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 116.73% and total cumulative return in cash records $245,778. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,298/mo property income covering a $3,132/mo payment rather than investor’s personal income.

Single Family

Built in 2005

3,049 sqft lot

$N/A/sqft

No HOA

More details about the property

Experience the perfect blend of comfort, efficiency, and Northwest charm in this beautifully maintained single-owner home! With 4 bedrooms and 2.5 baths, theres room for everyone plus flexibility for a work-from-home office. The primary suite offers a spacious private bath with a double shower and walk-in closet, creating a peaceful retreat. This home earned a 10/10 Home Energy Score and delivered $0 energy costs for current owners April through September thanks to a high-performance TESLA solar tile roof. Enjoy peace of mind with this 50-year upgraded roof, a new heat pump, and EV + RV-ready power hookups. Inside, youll find a freshly painted interior, new refrigerator and microwave, and an exterior repainted in the last five yearsall truly move-in ready. Relax in the inviting family room with a cozy fireplace, perfect for cuddling up on cool evenings or gathering for holidays. The two-car garage offers flexibility for parking, projects, or extra space for hobbies. Step outside to your private, low-maintenance backyard oasis, with room for a hot tub and fire pit, surrounded by figs, berries, flowers, and lush greenery. Located in the heart of University Park, youre close to The Living Room wine bar & coffee house, Chill Chill Chill, scenic parks, and nearby University of Portland campus to catch Pilots soccer and basketball games. Nearby St. Johns offers farmers markets, festivals, and Cathedral Park beneath the iconic St. Johns Bridge, which leads to Forest Park and the Wildwood Trailyour backyard adventure hub. Cyclists will love the easy access to the bluff for beautiful rides. Students will love the mile trip to Astor for K-8, and benefit from Roosevelt High School zoning, two of the areas most sought-after schools. Lovingly cared for and thoughtfully upgraded, this home offers not only efficiency and comfort, but a vibrant lifestyle youll love coming home to.

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