830 SW Broadway Dr APT 8, Portland, OR, 97201 | $690/mo Cash Flow

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830 SW Broadway Dr APT 8, Portland, OR, 97201 | $690/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Rental property for sale in Portland at 830 SW Broadway Dr APT 8, Portland, OR, 97201 generates $2,435/mo in rent and, after a $1,415/mo payment, leaves $690/mo in cash flow. Total monthly income is $2,435/mo, and annual cash flow is $8,281/yr on $95,804 invested. Return on cash invested sits at 28.55% in year one, and rental yield is 10.11% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 149.03% and total cumulative return in cash sums $142,778. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,435/mo property income rather than buyer’s personal income.

Condo

Built in 1980

N/A lot

$N/A/sqft

No HOA

More details about the property

Live among the treetops in this stunning 2 level, 2 bed, 1.5 bath SW Portland condo just minutes from downtown and PSU University District! Enjoy serene privacy with incredible east-facing views of Duniway Park, Marquam Nature Park, OHSU, and the Cascade Mountains from your own covered deck. Main level welcomes you with warm hardwood floors and an inviting open layout that connects kitchen, dining, and living areas. A wood-burning fireplace adds cozy charm, while the slider door to the deck brings in natural light and those breathtaking views. The well-appointed kitchen features slab granite counters, stainless steel appliances, shaker-style cabinets (some with glass fronts), under-cabinet lighting, and a custom tile backsplash. Downstairs, youll find two spacious bedrooms, each with wonderful treetop views. The primary bedroom includes built-in bookshelves and an oversized closet, while the second bedroom offers a closet organizer for smart storage. The full bath showcases elegant tile floors, a large soaking tub, brnad new door, and the laundry area with washer and dryer adds everyday convenience. Downstairs also has upgraded electric panel & Alexa enabled plugs. This condo community has many recent updates including new siding, roof, windows, exterior paint, deck, railing. A shared storage closet is right outside your door, plus there is 1 assigned covered carport parking space. Perfectly located minutes to OHSU, downtown Portland, I-5, and Hwy 26, this peaceful retreat offers urban convenience with a natural setting.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97201, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,508 (100%)
Owner Occupied HU	2,911 (23.3%)
Renter Occupied HU	8,009 (64.0%)
Vacant Housing Units	1,588 (12.7%)
Median Home Value	$828,638
Average Home Value	$952,897