859 SW Broadway Dr APT 41PortlandOR97201
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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 859 SW Broadway Dr APT 41, Portland, OR, 97201 listed at $189,500 pairs $1,610/mo rent with a $928/mo payment to leave $466/mo cash flow. Total monthly income runs $1,610/mo, and annual cash flow reaches $5,588/yr on $62,819 cash to close. Return on cash invested measures 28.8% in year one, and rental yield registers 10.2% at a $189,500 basis. Equity gained on principal adds $1,223/yr, and annual property appreciation at 5% supports $52,355 by year five. Five-year ROI tracks 150.37% and total cumulative return in cash totals $94,463. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,610/mo property income relative to a $928/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,544
Single Family
2,391
Multi-Family
10,153
Businesses
666
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