FOR_SALEGood Deal23 days on market

2901 NE Marine Dr

2901 NE Marine Dr, Portland, OR 97211, Portland, OR 97211
$94,600

Listing Price

Property image 1
2901 NE Marine Dr, Portland, OR 97211
Loc: Portland, OR
Days Listed
23
Lot Size
871 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

2

Shaver Elementary School

K-5
6.3 mi away
2

Parkrose Middle School

6-8
5.8 mi away
3

Parkrose High School

9-12
5.8 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
6.17%
Total ROI
20.5%
Cash Flow
$8/mo
DSCR
1.02
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-13Listed for sale$94,600$63
2015-05-20Sold$82,450$55
2013-05-06Sold$88,000$59
2013-05-03Price change$79,900$53
2013-03-29Listed for sale$114,500$76
2012-09-07Listing removed$99,900$67
2012-07-09Listed for sale$99,900$67
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
2
Sq Ft
1,500
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $94,600Rent Basis: Modeled Estimate ($757/mo)State Tax Benchmark: 0.97% (OR)Hazard Reserve: $100/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.16%

NOI: $4,877/yr

Cash-on-Cash Yield
-4.7%

On $21,758 invested

DSCR Ratio
0.83x

Negative debt coverage

5-Yr Leveraged ROI
+70.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.97% of basis)-$76/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$38/mo
Repairs & Maintenance (10% of rent)-$76/mo
Property Management (8% of rent)-$61/mo
Total Pure Operating Expenses-$351/mo
Net Investor Cash Flow
Gross Scheduled Rent+$757/mo
Less: Operating Expenses-$351/mo
Net Operating Income (NOI)+$406/mo
Less: Debt Service (30yr @ 6.75%)-$491/mo
Net Cash Flow
$-84/mo
$-1,013/year
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