1819 N Jantzen Ave · Portland, OR
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk 3/10 · Minor
- Hot days now (above threshold)
- 7 days/yr
- Hot days in 30 yrs
- 13 days/yr
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk 10/10 · Severe
- Unhealthy air days now
- 19 days/yr
- Unhealthy air days in 30 yrs
- 20 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Schools +5.0/10.0
- Livability +3.9/5.0
- Rent growth +2.7/5.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$110,000
1819 N Jantzen Ave · Portland, OR 97217
3 bd · 1.0 ba · 1,100 sqft · SingleFamily
· 110 Days on market
Built 1995
$100/sqft
· 64% below area
$780/mo HOA · 30% of rent
↓ 12% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Renovations are almost complete- take this opportunity to finishing it yourself, with your preferences. Popular Open Floor Plan features large living room and kitchen with new appliances, cooktop and convection oven. Spacious upper Master has vaulted ceiling. Lots of windows make it sunny and provide wonderful views of the river.
Key facts
- Side-tie slip
- End-tie
- Remodeled kitchen
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $110k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $512 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $110k).
- Recommended offer: $100k (9.0% below list) — sets the bar for market timing.
- Cap rate 11.9% vs local median 2.3% in Portland — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#72 in OR, #3,256 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime F, cost of living F.
- Zoned schools: Faubion Elementary School (610 students, 73% FRL); Da Vinci Middle School (434 students, 34% FRL); Benson Polytechnic High School (824 students, 65% FRL).
- Market conditions: Rents flat; 463 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,041 units permitted in Multnomah County in 2024 (905 in 5+ unit buildings).
- This rent runs 31% of the median local income ($100k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Multnomah County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 0.9% rent growth), your $31k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 110 days — a 9% lower offer ($100k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 14y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $75k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: HOA is 30% of rent.
Recommended offer
$100,100
(9.0% below list)
Questions for the listing agent
- It's been on market 110 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 2.36% ✓
- Cap rate
- 11.88%
- Cash-on-cash
- 19.95%
- DSCR
- 1.89
- GRM
- 3.5
CMA / ARV
- ARV (median comp)
- $305,988
- List price
- $110,000
- Delta
- -64.05%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1663 N Jantzen Ave | 0.06mi | 3/2.0 | 1,100 (0%) | 13mo | $210,000 | $191 | 82 |
| 1855 N Jantzen Ave | 0.03mi | 2/2.0 (-1) | 1,060 (-4%) | 14mo | $399,000 | $376 | 72 |
| 1893 N Jantzen Ave | 0.06mi | 2/2.0 (-1) | 1,128 (+2%) | 16mo | $425,000 | $377 | 71 |
| 1959 N Jantzen Ave | 0.14mi | 2/2.0 (-1) | 1,169 (+6%) | 13mo | $482,000 | $412 | 63 |
| 1635 N Jantzen Ave | 0.06mi | 2/2.0 (-1) | 1,208 (+10%) | 10mo | $290,000 | $240 | 63 |
| 2630 N Hayden Island Dr #47 | 0.52mi | 2/2.0 (-1) | 1,088 (-1%) | 17mo | $289,000 | $266 | 51 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.89% rent growth · sell at horizon
5-year hold
- IRR
- 8.5%
- Equity multiple
- 1.32×
- Total profit
- $9,903
- Equity at exit
- $16,401
10-year hold
- IRR
- 14.8%
- Equity multiple
- 2.02×
- Total profit
- $31,475
- Equity at exit
- $9,511
Cash invested: $30,800 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (CITY)
- 0 Strongly Tenant-Friendly
- State Oregon
- 28 Tenant-Leaning · D+6
- County
- — inherits STATE
- City Portland
- 0 Strongly Tenant-Friendly · D+39
Mandatory relocation for no-cause evictions; rent increase notice 90 days.
Buyer's market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 6 active · 4 under contract
- Months of supply
- 18.0 mo (6%/mo absorbed)
- Median asking
- $297,000 ($289/sqft)
- Median days on market
- 65 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -3.6% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 97217
- Rents YoY
- 0.9%
- Active inventory
- 463
- Price-to-rent
- 3.5×
Monthly cashflow live
↻
- Estimated rent
- $2,598 high interval (Pro) →
- Mortgage (P&I)
- −$577
- Tax est. 1.5%
- −$138 /mo · $1,650/yr
- Insurance
- −$46
- HOA
- −$780
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$546
- Net cashflow
- $512
Break-even live
Break-even rent
$1,950
Max offer price
$110,000
Occupancy floor
75%
Sensitivity live
| Price | -10% $588 | -5% $550 | +0% $512 | +5% $474 | +10% $436 |
|---|---|---|---|---|---|
| Rent | -10% $307 | -5% $409 | +0% $512 | +5% $615 | +10% $717 |
| Rate | -1.0pp $567 | -0.5pp $540 | base $512 | +0.5pp $484 | +1.0pp $455 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $27,500
- Closing costs
- $3,300
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 21 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1245 N Anchor Way Portland, OR | 1.0–2.0 | 1.0–2.0 | 822 | $2,225 | $2.71 | 40d | 11 | 0.58mi |
| 910 N Harbour Dr Portland, OR | 1.0–2.0 | 1.0–2.0 | 1011 | $2,099 | $2.08 | 4d | 4 | 0.77mi |
| 995 N Marine Dr Portland, OR | 1.0–2.0 | 1.0–2.0 | 920 | $1,997 | $2.17 | 0d | 5 | 0.81mi |
| 153 N Hayden Bay Dr Portland, OR | 2.0 | 2.0 | 1023 | $2,095 | $2.05 | 57d | 1 | 0.88mi |
| 123 N Hayden Bay Dr Portland, OR | 2.0 | 1.0 | 889 | $2,249 | $2.53 | 139d | 1 | 0.90mi |
| 500 W Columbia Way Vancouver, WA | 3.0 | 1.0–2.0 | 849 | $4,290 | $5.05 | 0d | 18 | 1.03mi |
| 440 W Columbia Way Vancouver, WA | 2.0 | 1.0–2.0 | 863 | $3,783 | $4.38 | 0d | 94 | 1.05mi |
| 1110 W Columbia Way Vancouver, WA | 2.0 | 1.0–2.0 | 790 | $4,078 | $5.16 | 0d | 19 | 1.05mi |
| 1000 W Columbia Way Vancouver, WA | 1.0–2.0 | 1.0–2.0 | 770 | $3,353 | $4.35 | 0d | 12 | 1.07mi |
| 110 N Tomahawk Island Dr Portland, OR | 1.0–2.0 | 1.0–2.0 | 994 | $2,387 | $2.40 | 0d | 29 | 1.09mi |
| Bridgeton Portland, OR | 3.0 | 2.0 | 1250 | $2,495 | $2.00 | 42d | 1 | 1.11mi |
| 636 W 6th St Vancouver, WA | 1.0–2.0 | 1.0 | 755 | $2,512 | $3.33 | 4d | 7 | 1.15mi |
| 411 Columbia St Vancouver, WA | 2.0 | 1.0–2.0 | 818 | $3,044 | $3.72 | 0d | 15 | 1.15mi |
| 555 W 8th St Vancouver, WA | 1.0–2.0 | 1.0 | 770 | $1,655 | $2.15 | 9d | 8 | 1.22mi |
| 608 Washington St Vancouver, WA | 2.0 | 1.0–2.0 | 837 | $3,130 | $3.74 | 0d | 15 | 1.27mi |
| 701 Columbia St #107 Vancouver, WA | 2.0 | 2.0 | 871 | $1,895 | $2.18 | 88d | 1 | 1.31mi |
| 300 W 8th St Vancouver, WA | 1.0–2.0 | 1.0–2.0 | 924 | $2,875 | $3.11 | 88d | 1 | 1.32mi |
| 228 NE Bridgeton Rd Portland, OR | 3.0 | 2.0 | 1250 | $2,395 | $1.92 | 40d | 1 | 1.37mi |
| 11505 NE Yacht Harbor Dr Portland, OR | 1.0–2.0 | 1.0–2.0 | 2468 | $6,576 | $2.66 | 0d | 8 | 1.38mi |
| 209 W Evergreen Blvd Vancouver, WA | 2.0 | 1.0–2.5 | 1306 | $3,692 | $2.83 | 0d | 2 | 1.39mi |
| 108 E Evergreen Blvd Vancouver, WA | 3.0 | 3.0 | 1195 | $1,950 | $1.63 | 9d | 1 | 1.48mi |
Property features AI
Finance
- Other
- Floating home slip is an end-tie, deep water, outside locationSlip is not included/owned with the sale; slip rent and dues are monthlyPets allowed and rentals allowed per moorage rulesApproximately 150 yards from the launch ramp
- Financial info
- Slip rent and dues: monthly slip rent and moorage dues applicable (slip dues and rent listed separately)Property offered as cash purchase (per public remarks)
- HOA & community
- Moorage at Jantzen Beach Moorage (slip rent and dues apply)Association amenities include gated access, ground maintenance, sewer, trash and waterAssociation fee (moorage/association) charged monthly
Exterior
- Parking
- Off-street secured parkingGated parking
- Security
- Security gate
- Utilities
- Public waterPublic sewerElectricity and gas availableCable and DSL internet available
- Home design
- Residential floating home (updated/remodeled)Great room, family room, living room and dining room layoutMain and upper levelsFacing direction provides river views
- Construction
- Built in 1995Metal roofLog and stringer flotation
- Exterior features
- DeckDockVinyl sidingGated lotPaved road accessRiver view (Columbia River)Waterfront property (river front)
Interior
- Kitchen
- CooktopDouble ovenPot fillerDishwasherDisposalFree-standing refrigeratorStainless steel appliancesTile surfaces
- Bedrooms
- Primary bedroom on main level with ceiling fanSecond bedroom on upper level with ceiling fanThird bedroom on upper level with ceiling fan
- Bathrooms
- One full bathroom (main level)
- Heating & cooling
- Wall heaters with zoned heatingNo central air conditioning
- Interior features
- Vaulted ceilingsCeiling fans throughoutLaundry area (washer/dryer provided)Double pane windows with vinyl frames
- Laundry & utility
- Washer and dryer includedTankless gas hot water
Listing history 50 events
-
2026-09-23days on market $110,000 Active 110 DOM
-
2026-09-22days on market $110,000 Active 109 DOM
-
2026-09-21days on market $110,000 Active 108 DOM
-
2026-09-20days on market $110,000 Active 107 DOM
-
2026-09-19days on market $110,000 Active 106 DOM
-
2026-09-18days on market $110,000 Active 105 DOM
-
2026-09-17days on market $110,000 Active 104 DOM
-
2026-09-16days on market $110,000 Active 103 DOM
-
2026-09-15days on market $110,000 Active 102 DOM
-
2026-09-14days on market $110,000 Active 101 DOM
-
2026-09-14days on market $110,000 Active 100 DOM
-
2026-09-12days on market $110,000 Active 99 DOM
-
2026-09-11days on market $110,000 Active 98 DOM
-
2026-09-05days on market $110,000 Active 92 DOM
-
2026-09-04days on market $110,000 Active 91 DOM
-
2026-09-03days on market $110,000 Active 90 DOM
-
2026-08-31days on market $110,000 Active 87 DOM
-
2026-08-30days on market $110,000 Active 86 DOM
-
2026-08-29days on market $110,000 Active 85 DOM
-
2026-08-28days on market $110,000 Active 84 DOM
-
2026-08-27days on market $110,000 Active 83 DOM
-
2026-08-25days on market $110,000 Active 81 DOM
-
2026-08-24days on market $110,000 Active 80 DOM
-
2026-08-23days on market $110,000 Active 79 DOM
-
2026-08-22days on market $110,000 Active 78 DOM
-
2026-08-21days on market $110,000 Active 77 DOM
-
2026-08-20days on market $110,000 Active 76 DOM
-
2026-08-19days on market $110,000 Active 75 DOM
-
2026-08-18days on market $110,000 Active 74 DOM
-
2026-08-17days on market $110,000 Active 73 DOM
-
2026-08-16days on market $110,000 Active 72 DOM
-
2026-08-15days on market $110,000 Active 71 DOM
-
2026-08-14days on market $110,000 Active 70 DOM
-
2026-08-13days on market $110,000 Active 69 DOM
-
2026-08-11days on market $110,000 Active 67 DOM
-
2026-08-10days on market $110,000 Active 66 DOM
-
2026-08-09days on market $110,000 Active 65 DOM
-
2026-08-08days on market $110,000 Active 64 DOM
-
2026-08-06days on market $110,000 Active 62 DOM
-
2026-08-05days on market $110,000 Active 61 DOM
-
2026-08-04days on market $110,000 Active 60 DOM
-
2026-08-03days on market $110,000 Active 59 DOM
-
2026-07-31days on market $110,000 Active 56 DOM
-
2026-07-30days on market $110,000 Active 55 DOM
-
2026-07-30days on market $110,000 Active 54 DOM
-
2026-07-28days on market $110,000 Active 53 DOM
-
2026-07-26days on market $110,000 Active 51 DOM
-
2026-07-24days on market $110,000 Active 49 DOM
-
2026-07-23days on market $110,000 Active 48 DOM
-
2026-07-22days on market $110,000 Active 47 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Heat 3/10 Moderate
- Air quality 10/10 Extreme 19 unhealthy d/yr today · 20 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $31,173
- − Mortgage interest
- −$6,162
- − Property taxes
- −$1,650
- − Insurance
- −$550
- − Repairs & maintenance
- −$2,494
- − Management
- −$2,494
- − HOA
- −$9,360
- − Depreciation
- −$3,200
- Taxable income
- $5,263
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$1,263
- After-tax cash flow
- $4,881/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 10 photos
45/100
Moderate rehab
Est. rehab $27,500–$49,500 screening
This floating home requires moderate repairs and maintenance to improve its condition and value. Key areas for improvement include the kitchen, flooring, and paint. Upgrades in these areas would significantly enhance its resale and rental potential.
Repairs flagged
- Moderate Kitchen countertops — Worn and need replacement
- Moderate Bathtub and fixtures — Dated and may need replacement
- Moderate Wooden deck and flooring — Worn and may need refinishing or replacement
- Moderate Paint — Faded and may need repainting
Value-add opportunities
- Both Replace worn kitchen countertops and fixtures — Improves both resale and rental value ↑
- Both Refinish or replace wooden deck and flooring — Enhances curb appeal and usability ↑
- Both Repaint interior walls — Enhances interior aesthetics and value ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Elementary
Faubion Elementary School
Middle
Da Vinci Middle School
High
Roosevelt High School
Schools (NCES district)
No district data.
B
Composite livability gradescore 77/100
Livability — Portland
- Score
- 77/100
- State rank
- #72
- US rank
- #3256
Category grades
Amenities A+
Commute A+
Cost of living F
Crime F
Employment A
Housing B+
Health & safety A+
User ratings D+
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Portland, OR
- County
- Multnomah County · 930,825 people
- City population
- 774,334
- Metro
- Portland-Vancouver-Hillsboro, OR-WA
- Population (ZIP)
- 35,169
- Household income
- $100,361
- Rent vs Own
- Severe rent burden
- 11% of renters
Population outlook (Multnomah County) Hauer SSP2
- Today (2025)
- 930,825 people
- By 2030
- 996,904 · +7.1%
- By 2040
- 1,121,379 · +20.5%
- By 2050
- 1,242,124 · +33.4%
- By 2075
- 1,464,431 · +57.3%
- By 2100
- 1,576,181 · +69.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (71%)
- Race & ethnicity
- White 71% Two or more races 12% Hispanic / Latino 9% Black 7% Asian 3%
- Hispanic origin (detail)
- Mexican 5%
- Common ancestry
- Italian 5% Slovak 4% Portuguese 3%
- Foreign-born
- 8% · Canada, China, Vietnam
- Languages at home
- 90% English-only · Spanish 4% Other Indo-European 1% Chinese 1%
Political lean MEDSL · Multnomah
- 2024 margin
- Solid D (+62.1) · D 79.3% · R 17.2% · Other 3.5%
- 2008→2024 swing
- +6.0pp toward D · 2008: 56.1pp · 2024: 62.1pp
- All cycles
- 2024: D+62.1 2020: D+61.3 2016: D+58.3 2012: D+54.9 2008: D+56.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -747.13%
- Current HPI
- 370.7526
- Rent YoY
- ▲ 0.89%
- Metro
- Portland-Vancouver-Hillsboro, OR-WA
- State GDP YoY
- ▲ 2.05%
- F500 in state
- 2
Industry mix (Fortune 500 HQ in OR)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Consumer Goods | 1 | $51B |
|
||
Price history
-12.0% since first listed7 events — show timeline
- 2026-05-29 Listed $110,000 RMLS
- 2013-08-16 Sold (MLS) $75,000 RMLS
- 2013-08-05 Pending — RMLS
- 2013-02-19 Listed $78,000 RMLS
- 2012-07-12 Sold (MLS) $110,000 RMLS
- 2012-07-01 Pending — RMLS
- 2012-05-04 Listed $125,000 RMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…