7457 N Mohawk Ave #8PortlandOR97203
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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
Investment property for sale in Portland at 7457 N Mohawk Ave #8, Portland, OR, 97203 uses $99,417 cash to close to unlock $7,567/yr annual cash flow and $631/mo monthly cash flow. Total monthly income runs $2,467/mo, and a $1,468/mo payment keeps the spread at $631/mo. Purchase price stands at $299,900, and rental yield measures 9.87% with $2,467/mo rent. Return on cash invested shows 27.52% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 143.58% and total cumulative return in cash records $142,744. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,467/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$26 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
13,272
Single Family
11,821
Multi-Family
1,451
Businesses
668
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Listed by: Zhanna Koshilko • MORE Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24386407
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 2024-10-18 01:34:31 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.