8740 SE Steele StPortlandOR97266
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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 8740 SE Steele St, Portland, OR, 97266 uses $137,573 cash to close to unlock $399/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $2,538/mo, and a $2,031/mo payment keeps the spread at $33/mo. Purchase price stands at $415,000, and rental yield measures 7.34% with $2,538/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 104.22% and total cumulative return in cash records $143,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,538/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 2010
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97266, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,362 (100%) |
| Owner Occupied HU | 6,892 (51.6%) |
| Renter Occupied HU | 5,836 (43.7%) |
| Vacant Housing Units | 634 ( 4.7%) |
| Median Home Value | $501,884 |
| Average Home Value | $547,354 |
Housing Distribution
Address Breakdown
Residential
12,977
Single Family
11,732
Multi-Family
1,245
Businesses
753
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