809 SE 15th AvePortlandOR97214
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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 809 SE 15th Ave, Portland, OR, 97214 listed at $620,000 pairs $1,979/mo rent with a $3,035/mo payment. Total monthly income runs $1,979/mo. Return on cash invested measures 9.68% in year one, and rental yield registers 3.83% at a $620,000 basis. Equity gained on principal adds $4,001/yr, and annual property appreciation at 5% supports $171,295 by year five. Five-year ROI tracks 47.79% and total cumulative return in cash totals $97,479. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,979/mo property income relative to a $3,035/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1997
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97214, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,519 (100%) |
| Owner Occupied HU | 4,553 (27.6%) |
| Renter Occupied HU | 10,435 (63.2%) |
| Vacant Housing Units | 1,531 ( 9.3%) |
| Median Home Value | $789,784 |
| Average Home Value | $816,099 |
Housing Distribution
Address Breakdown
Residential
16,195
Single Family
9,983
Multi-Family
6,212
Businesses
2,336
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