8110 NE Wygant StPortlandOR97218
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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 8110 NE Wygant St, Portland, OR, 97218 offers a 7.85% rental yield on a $385,000 purchase with $2,519/mo rent. Total monthly income registers $2,519/mo, and a $1,884/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,346/yr on $127,628 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 112.51% and total cumulative return in cash at $143,590. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,519/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97218, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,005 (100%) |
| Owner Occupied HU | 3,433 (57.2%) |
| Renter Occupied HU | 2,270 (37.8%) |
| Vacant Housing Units | 302 ( 5.0%) |
| Median Home Value | $591,591 |
| Average Home Value | $626,072 |
Housing Distribution
Address Breakdown
Residential
6,184
Single Family
5,747
Multi-Family
437
Businesses
650
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