








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 724 NW 118th Ave APT 101, Portland, OR, 97229 offers a 8.61% rental yield on a $460,000 purchase with $3,300/mo rent. Total monthly income registers $3,300/mo, and a $2,251/mo payment leaves $524/mo available for distribution. Annual cash flow reaches $6,286/yr on $152,490 to close, and return on cash invested stands at 24.03% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,090 over five years. Portfolio math shows five-year ROI at 124.74% and total cumulative return in cash at $190,213. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,300/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jesse Udom • Jesse Udom Real Estate
Mls Name: RMLS (OR)
Mls ID: #594237049