1138 37th AveForest GroveOR97116
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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
Investment Highlights
Investment property for sale in Forest Grove at 1138 37th Ave, Forest Grove, OR, 97116 earns from $4,142/mo rent with a $3,549/mo payment. Total monthly income totals $4,142/mo. ROI tracks 18.88% on current figures, and rental yield reads 6.86% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 97.09% and total cumulative return in cash sums $231,593. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,142/mo property income instead of your personal income.
Single Family
Built in 2012
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97116, Forest Grove, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,874
Single Family
9,511
Multi-Family
1,363
Businesses
621
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Listed by: Sarah Hesselman • Premiere Property Group, LLC
Mls Name: RMLS (OR)
Mls ID: #171015954