8340 SW 3rd AvePortlandOR97219
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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 8340 SW 3rd Ave, Portland, OR, 97219 offers a 5.64% rental yield on a $819,000 purchase with $3,852/mo rent. 2% in year one. Equity gained on principal adds $5,285/yr while 5% annual appreciation supports $226,275 over five years. Portfolio math shows five-year ROI at 77.33% and total cumulative return in cash at $208,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,852/mo property income against a $4,009/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97219, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,563 (100%) |
| Owner Occupied HU | 11,477 (65.3%) |
| Renter Occupied HU | 5,017 (28.6%) |
| Vacant Housing Units | 1,069 ( 6.1%) |
| Median Home Value | $697,594 |
| Average Home Value | $790,223 |
Housing Distribution
Address Breakdown
Residential
17,174
Single Family
16,074
Multi-Family
1,100
Businesses
851
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