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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Portland at 8427 NW Timber Ridge Ct, Portland, OR, 97229 priced at $999,000 converts $5,335/mo rent into after a $4,890/mo obligation. Total monthly income equals $5,335/mo. Return on cash invested prints 15.41% in year one, and rental yield reads 6.41% against a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $276,005 by year five. Five-year ROI reaches 79.27% and total cumulative return in cash sums $260,534. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,335/mo property income covering a $4,890/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97229, Portland, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,595 (100%) |
| Owner Occupied HU | 19,842 (69.4%) |
| Renter Occupied HU | 7,682 (26.9%) |
| Vacant Housing Units | 1,071 ( 3.7%) |
| Median Home Value | $780,837 |
| Average Home Value | $818,718 |
Residential
28,709
Single Family
26,480
Multi-Family
2,229
Businesses
508
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Listed for sale | $999,000 |
| 2021-12-03 | Sold | $928,000 |
| 2021-12-03 | Pending sale | $879,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-19 | $16609.11 | 3.60% | $623,730 | 3.00% |
| 2023-05-19 | $16031.69 | 2.21% | $605,570 | 3.00% |
| 2022-05-19 | $15684.68 | 1.72% | $587,940 | 3.00% |
Listed by: Mike Rushing • Corcoran Prime
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #157948987
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-05-19 12:14:34 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
