








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Portland at 9837 NE Irving St APT 322, Portland, OR, 97220 generates $1,166/mo in rent and, after a $734/mo payment, leaves $261/mo in cash flow. Total monthly income is $1,166/mo, and annual cash flow is $3,129/yr on $49,725 invested. Return on cash invested sits at 26.2% in year one, and rental yield is 9.33% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 136.41% and total cumulative return in cash sums $67,830. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,166/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97220, Portland, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,747 (100%) |
| Owner Occupied HU | 6,482 (50.9%) |
| Renter Occupied HU | 5,582 (43.8%) |
| Vacant Housing Units | 683 ( 5.4%) |
| Median Home Value | $482,875 |
| Average Home Value | $534,171 |
Residential
12,065
Single Family
10,268
Multi-Family
1,797
Businesses
1,209
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Betsy Shand • Knipe Realty ERA Powered
Mls Name: RMLS (OR)
Mls ID: #629256469