








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 748 NW 118th Ave APT 101, Portland, OR, 97229 earns from $3,300/mo rent with a $2,442/mo payment. Total monthly income totals $3,300/mo. ROI tracks 17.1% on current figures, and rental yield reads 7.94% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 89.35% and total cumulative return in cash sums $147,798. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,300/mo property income instead of your personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$535 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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $499,000 |
| 2014-11-07 | Sold | $308,000 |
| 2007-10-16 | Sold | $354,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $6533.24 | 5.91% | $300,640 | 3.00% |
| 2023-04-04 | $6168.44 | 4.48% | $291,890 | 3.00% |
| 2022-04-04 | $5903.72 | 3.63% | $283,390 | N/A |



Listed by: Kathy Kollas • Navigate The Way Home, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #201046861
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 2025-04-04 12:09:17 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.