9221 N Lombard St APT 11PortlandOR97203
INVESTMENT ANALYSIS
Investment Verdict
Solid Income9221 N Lombard St APT 11, Portland, OR, 97203 in Portland carries a 1.55 coverage ratio, rent of $1,461/mo is 1.55 times the $944/mo payment. Rental yield 8.35%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $210,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $58,019; total projected cumulative return: $91,999.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.5% |
| Monthly Cash Flow | $(214) | $450 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,461 |
| Total Monthly Debt Service | $1,184 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97203, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 7,019 (51.8%) |
| Renter Occupied HU | 5,754 (42.5%) |
| Vacant Housing Units | 765 ( 5.7%) |
| Median Home Value | $555,551 |
| Average Home Value | $589,368 |
Housing Distribution
Address Breakdown
Residential
13,272
Single Family
11,821
Multi-Family
1,451
Businesses
668
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
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97203, Portland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 7,019 (51.8%) |
| Renter Occupied HU | 5,754 (42.5%) |
| Vacant Housing Units | 765 ( 5.7%) |
| Median Home Value | $555,551 |
| Average Home Value | $589,368 |
Housing Distribution
Address Breakdown
Residential
13,272
Single Family
11,821
Multi-Family
1,451
Businesses
668
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices