Ranch home in Portland, OR
This Ranch home in Portland, OR offers 2 bedrooms and 1 bathroom across 974 square feet. The Ranch styling carries through the home's design.
| Price | $539,000 |
|---|
| Beds | 2 |
|---|
| Baths | 1 |
|---|
| Sqft | 974 |
|---|
| Architectural style | Ranch (43% match) |
|---|
| Address | 9477 SW 62nd Dr, Portland, OR 97219 |
|---|
Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little above the area.
- At $539K, this home is 5% above the $515K median for 858 similar Ranch homes in Portland, OR.
- That works out to $553 per square foot, 60% above the $345 comparable rate.
- On the market 17 days.
| This home | $539,000 |
|---|
| Ranch median in Portland, OR | $515,000 (858 homes) |
|---|
| Price per sq ft | $553 vs. $345 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,570/month with 20% down at a 7.28% 30-year fixed rate. You would need about $153,007 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,950/mo |
|---|
| Property tax (new-buyer reassessed rate) | $418/mo |
|---|
| Homeowners insurance | $202/mo |
|---|
| Total monthly | $3,570/mo |
|---|
| Down payment (20%) | $107,800 |
|---|
| Income needed | $153,007/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (60 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (60/100) |
|---|
| Beats renting in | 11% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $249,160 |
|---|
| Range (10th to 90th pct) | $144,335 to $368,003 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Portland, OR where local data is thin.
Local home values
Typical home values in Portland, OR have risen about 6% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia