922 NW 11th Ave APT 609PortlandOR97209
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
Investment Highlights
Investment property for sale in Portland at 922 NW 11th Ave APT 609, Portland, OR, 97209 earns from $3,259/mo rent with a $2,447/mo payment. Total monthly income totals $3,259/mo. ROI tracks 16.23% on current figures, and rental yield reads 7.82% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 84.87% and total cumulative return in cash sums $140,672. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,259/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$750 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97209, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,901 (100%) |
| Owner Occupied HU | 2,761 (14.6%) |
| Renter Occupied HU | 12,749 (67.5%) |
| Vacant Housing Units | 3,391 (17.9%) |
| Median Home Value | $770,736 |
| Average Home Value | $881,846 |
Housing Distribution
Address Breakdown
Residential
16,853
Single Family
1,039
Multi-Family
15,814
Businesses
1,615
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-01 | Listed for sale | $500,000 |
| 2024-11-23 | Listing removed | $2,595 |
| 2024-08-31 | Price change | $2,595 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Condo
- Year Built: 2004
- Architectural Style: N/A
- Building Area: 1,061
- Living Area: 1,061 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Heat Pump
- Cooling: Heat Pump
- Flooring: Laminate, Slate, Tile, Wood
- Interior Features: Granite, Marble, Balcony, Formal, Great Room, Suite, Walk-In Closet(s)
- Exterior Features: Balcony
- Parking Features: Deeded, Off Street, Garage Door Opener, Condo Garage (Deeded), Attached
Location
HOA & Fees
- HOA Fee: $750 monthly
- Association Fee: $750 monthly
- Fees & Dues: N/A
- Association Amenities: Commons, Concierge, Exterior Maintenance, Hot Water, Maintenance Grounds, Management, Sewer, Trash, Water
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Chapman
- Middle School: West Sylvan
- High School: Lincoln
Listed by: Melissa Messner • Lovejoy Real Estate
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #702434166
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 2025-03-04 01:59:10 PST. 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.