9816 N Central StPortlandOR97203
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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 9816 N Central St, Portland, OR, 97203 earns $193/mo cash flow from $3,000/mo rent with a $2,276/mo payment. Total monthly income totals $3,000/mo, and annual cash flow totals $2,317/yr on $154,148 capital. ROI tracks 21.41% on current figures, and rental yield reads 7.74% at a $465,000 purchase. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 over five years. Five-year ROI reaches 110.73% and total cumulative return in cash sums $170,687. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Single Family
Built in 1929
5,227 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-12-09 | Price change | $465,000 |
| 2025-11-12 | Listed for sale | $485,000 |
| 2025-09-23 | Sold | $330,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-12-16 | $3551.05 | 3.72% | $131,790 | 2.99% |
| 2024-12-16 | $3423.58 | 3.99% | $127,960 | 2.99% |
| 2023-12-16 | $3292.21 | 2.21% | $124,240 | 2.99% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1929
- Architectural Style: Bungalow
- Building Area: 1,624
- Living Area: 1,624 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Forced Air, Fireplace(s)
- Cooling: None
- Flooring: Hardwood, Wall to Wall Carpet, Laminate
- Interior Features: Closet
- Exterior Features: Yard
- Parking Features: On Street
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Sitton
- Middle School: George
- High School: Roosevelt
Listed by: Eric McCormack • Opt
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #436976943
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 2025-12-16 06:14:09 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.