Hazel Plan, Ridgeline at Bethany, Portland, OR, 97229 | 6% Rental Yield

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Hazel Plan, Ridgeline at Bethany, Portland, OR, 97229 | 6% Rental Yield | 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

Investment property for sale in Portland at Hazel Plan, Ridgeline at Bethany, Portland, OR, 97229 with 5% annual appreciation on a $852,990 basis while $4,262/mo rent supports operations. 27% in year one. Equity gained on principal adds $5,504/yr, and five-year appreciation sums $235,665 alongside rental yield of 6%. Five-year ROI measures 83.09% and total cumulative return in cash totals $233,184. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,262/mo property income versus a $4,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Clean and modern details prevail in the Hazel floor plan. Enter through the porch to find a powder room and convenient 2-car garage. Then, make your way into the centerpiece of the home, where a spacious great opens to a dining room and gourmet kitchen, ideal for flowing conversations among friends and family. Spend lovely evenings on your patio, then head upstairs to discover 3 additional bedrooms, all with walk-in closets, 1 bathroom, a laundry room to avoid walking up and down the stairs, and a tech room perfect for working from home. Also on the top floor is a serene primary bedroom, a spa-like primary bathroom, and a roomy walk-in closet. The Hazel floor plan could be exactly what you're searching for!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97229, Portland, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	28,595 (100%)
Owner Occupied HU	19,842 (69.4%)
Renter Occupied HU	7,682 (26.9%)
Vacant Housing Units	1,071 ( 3.7%)
Median Home Value	$780,837
Average Home Value	$818,718