7848 SW 31st Ave #2PortlandOR97219
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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
Total monthly income runs $2,452/mo, and a $2,114/mo payment. Purchase price stands at $432,000, and rental yield measures 6.81% with $2,452/mo rent. Return on cash invested shows 18.61% in year one, and 5% annual appreciation builds toward $119,354 over five years. Five-year ROI reaches 95.67% and total cumulative return in cash records $137,011. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,452/mo property income covering a $2,114/mo payment rather than investor’s personal income.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97219, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,563 (100%) |
| Owner Occupied HU | 11,477 (65.3%) |
| Renter Occupied HU | 5,017 (28.6%) |
| Vacant Housing Units | 1,069 ( 6.1%) |
| Median Home Value | $697,594 |
| Average Home Value | $790,223 |
Housing Distribution
Address Breakdown
Residential
17,174
Single Family
16,074
Multi-Family
1,100
Businesses
851
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