7942 N Hurst 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
Rental property for sale in Portland at 7942 N Hurst Ave, Portland, OR, 97203 generates $3,114/mo in rent, after a $2,614/mo payment. Total monthly income is $3,114/mo. Return on cash invested sits at 19.31% in year one, and rental yield is 7% on a $534,000 entry. Equity gained on principal adds $3,446/yr, while 5% annual appreciation builds toward $147,534 over five years. Five-year ROI reaches 99.42% and total cumulative return in cash sums $174,662. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,114/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
2,800 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2005-08-12 | Sold | $265,900 |
| 2004-04-07 | Sold | $175,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $4419.98 | 4.00% | $165,200 | 3.00% |
| 2023-10-16 | $4250.13 | 2.21% | $160,390 | 3.00% |
| 2022-10-16 | $4158.06 | 1.72% | $155,720 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2005
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,464 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced air
- Cooling: Central
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage - Attached
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A