Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Forest Grove at 1007 Gales Creek Rd, Forest Grove, OR, 97116 at $730,000 posts ROI 18.57% with from $4,108/mo rent. Total monthly income equals $4,108/mo. Return on cash invested measures 18.57% and rental yield reads 6.75% at the current $730,000. Equity gained on principal adds $4,711/yr, and 5% annual appreciation supports $201,686 by year five. Five-year ROI prints 95.43% and total cumulative return in cash totals $229,190. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,108/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97116, Forest Grove, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,985 (100%) |
| Owner Occupied HU | 6,780 (61.7%) |
| Renter Occupied HU | 3,790 (34.5%) |
| Vacant Housing Units | 415 ( 3.8%) |
| Median Home Value | $608,165 |
| Average Home Value | $636,875 |
Residential
10,874
Single Family
9,511
Multi-Family
1,363
Businesses
621
Date | Event | Price |
|---|---|---|
| 2025-06-13 | Sold | $730,000 |
| 2025-05-27 | Pending sale | $739,000 |
| 2025-05-02 | Listed for sale | $739,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $6785.70 | 3.66% | $359,190 | 3.00% |
| 2023-10-12 | $6546.25 | 14.36% | $348,730 | 3.00% |
| 2022-10-12 | $5724.01 | 1.31% | $338,580 | N/A |
Listed by: LeeAnn Pack • Pack 1st Properties, Inc.
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #190214078
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-10-12 04:46:03 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
