8021 NE Flanders StPortlandOR97213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8021 NE Flanders St, Portland, OR, 97213 at $814,998 posts ROI 24.17% with $919/mo cash flow from $5,838/mo rent. Total monthly income equals $5,838/mo, and annual cash flow records $11,022/yr on $268,134 to close. Return on cash invested measures 24.17% and rental yield reads 8.6% at the current $814,998. Equity gained on principal adds $5,259/yr, and 5% annual appreciation supports $225,169 by year five. Five-year ROI prints 125.46% and total cumulative return in cash totals $336,408.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,838/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1997
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97213, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,807 (100%) |
| Owner Occupied HU | 8,301 (56.1%) |
| Renter Occupied HU | 5,783 (39.1%) |
| Vacant Housing Units | 723 ( 4.9%) |
| Median Home Value | $652,732 |
| Average Home Value | $687,578 |
Housing Distribution
Address Breakdown
Residential
14,217
Single Family
12,496
Multi-Family
1,721
Businesses
1,045
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Nearby investment properties with comparable prices
Listed by: SARAH ROELOF • Windermere Heritage
Mls Name: WVMLS
Mls Provider:
Mls ID: #818211
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.