7701 N Hodge AvePortlandOR97203
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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 7701 N Hodge Ave, Portland, OR, 97203 offers a 8.19% rental yield on a $439,500 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $2,151/mo payment leaves $347/mo available for distribution. Annual cash flow reaches $4,167/yr on $145,694 to close, and return on cash invested stands at 22.77% in year one. Equity gained on principal adds $2,836/yr while 5% annual appreciation supports $121,426 over five years. Portfolio math shows five-year ROI at 118% and total cumulative return in cash at $171,921. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $2,151/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
5,227 sqft lot
$N/A/sqft
No 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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