8622-8624 SE 8th AvePortlandOR97202
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 8622-8624 SE 8th Ave, Portland, OR, 97202 in Portland the bet is firmly on appreciation. Rental yield 5.41%. The 5.41% gross yield on a $650,000 price is below income-first thresholds, but 5%/yr value growth projects $179,583 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $182,099.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 5.5% |
| Monthly Cash Flow | $(993) | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,930 |
| Total Monthly Debt Service | $3,665 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1975
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97202, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,943 (100%) |
| Owner Occupied HU | 9,458 (45.2%) |
| Renter Occupied HU | 9,812 (46.9%) |
| Vacant Housing Units | 1,673 ( 8.0%) |
| Median Home Value | $708,778 |
| Average Home Value | $749,176 |
Housing Distribution
Address Breakdown
Residential
20,150
Single Family
16,343
Multi-Family
3,807
Businesses
1,425
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1975
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97202, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,943 (100%) |
| Owner Occupied HU | 9,458 (45.2%) |
| Renter Occupied HU | 9,812 (46.9%) |
| Vacant Housing Units | 1,673 ( 8.0%) |
| Median Home Value | $708,778 |
| Average Home Value | $749,176 |
Housing Distribution
Address Breakdown
Residential
20,150
Single Family
16,343
Multi-Family
3,807
Businesses
1,425
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices