8805 SE 13th AvePortlandOR97202
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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
Rental property for sale in Portland at 8805 SE 13th Ave, Portland, OR, 97202 generates $3,716/mo in rent and, after a $2,679/mo payment, leaves $412/mo in cash flow. Total monthly income is $3,716/mo, and annual cash flow is $4,945/yr on $180,095 invested. Return on cash invested sits at 22.81% in year one, and rental yield is 8.15% on a $547,400 entry. Equity gained on principal adds $3,532/yr, while 5% annual appreciation builds toward $151,237 over five years. Five-year ROI reaches 118.16% and total cumulative return in cash sums $212,805. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,716/mo property income rather than buyer’s personal income.
Condo
Built in 2007
1,306 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
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