Gris Plan, South River Terrace, Portland, OR, 97224 | $17/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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Gris Plan, South River Terrace, Portland, OR, 97224 | $17/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Portland at Gris Plan, South River Terrace, Portland, OR, 97224 priced at $706,990 pairs $4,284/mo rent with $17/mo cash flow after a $3,460/mo payment. Total monthly income equals $4,284/mo, and annual cash flow comes to $202/yr on $232,600 invested. Return on cash invested is 20.15% in year one, and rental yield stands at 7.27% on a $706,990 basis. Equity gained on principal adds $4,562/yr, and 5% annual appreciation accumulates to $195,328 by year five. Five-year ROI measures 103.88% and total cumulative return in cash reaches $241,622. For financing, Ziffy Mortgage’s DSCR program evaluates $4,284/mo property income against a $3,460/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

The Gris floor plan boasts an ultra-modern exterior and a beautifully classic interior. Head through the porch to find a powder room, staircase, and foyer that leads to an open-concept great room with a fireplace, deck, dining area, and gourmet kitchen any chef would love. Also on the first floor is an ultra-convenient 2-car garage. Make your way back through the foyer and up the stairs to find a spacious loft next to a laundry room with 1 bedroom across. The second floor also has 2 more additional bedrooms with 1 bathroom. Of course, don't forget about the lovely primary suite, complete with a walk-in closet and Zen-like primary bathroom perfect for relaxing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97224, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,474 (100%)
Owner Occupied HU	11,629 (66.6%)
Renter Occupied HU	5,149 (29.5%)
Vacant Housing Units	696 ( 4.0%)
Median Home Value	$648,654
Average Home Value	$667,976