8253 N Fowler Ave, Portland, OR, 97217 | $441/mo Cash Flow | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Investment property for sale in Portland at 8253 N Fowler Ave, Portland, OR, 97217 offers a 8.57% rental yield on a $399,000 purchase with $2,850/mo rent. Total monthly income registers $2,850/mo, and a $1,953/mo payment leaves $441/mo available for distribution. Annual cash flow reaches $5,298/yr on $132,269 to close, and return on cash invested stands at 23.91% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 124.13% and total cumulative return in cash at $164,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,850/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1954

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Amazing opportunity in Kenton with this updated, 1-level on an oversized lot with a huge garage/shop and a detached studio in the back. Morning daylight pours into the living room, gleaming off the updated hardwoods with a generous sized dining and kitchen space complete with stainless steel appliances, granite countertops and beautiful wood cabinetry. 2 Bedrooms and an updated bath complete this easy living interior, with french doors that lead out to the big backyard, roughly 250 sq. ft. of finished studio space, big driveway with RV/boat storage and a well-sized garage/shop, powered and ready for all your innovative ideas or shop needs. Further updates include the plumbing, electric panel, AC, Nest thermostat and more. Bike score 93, walkable to parks and downtown Kenton. So much room for creativity and simple living, come make this your new home! Low taxes & Home Energy Score is 8/10. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241447]

Neighborhood Data

Neighborhood data shown for ZIP Code: 97217, Portland, OR area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)18,848 (100%)
Owner Occupied HU9,409 (49.9%)
Renter Occupied HU7,480 (39.7%)
Vacant Housing Units1,959 (10.4%)
Median Home Value$604,473
Average Home Value$613,107

Address Breakdown

Residential

18,497

Single Family

14,772

Multi-Family

3,725

Businesses

1,310

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 1954
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Driveway, RV Access/Parking, RV Boat Storage, Electric Vehicle Charging Station(s), Detached

Location

  • City: Portland
  • State: OR
  • Subdivision: N/A
  • Lot Size: 5,662 sqft
  • Lot Features: N/A
  • View: N/A

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: Michael Kafoury • Urban Nest Realty 

Mls Name: RMLS (OR)

Mls ID: #356988600

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