1178 NE 6th StGreshamOR97030
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Gresham at 1178 NE 6th St, Gresham, OR, 97030 generates $2,533/mo in rent and, after a $1,639/mo payment, leaves $470/mo in cash flow. Total monthly income is $2,533/mo, and annual cash flow is $5,644/yr on $111,019 invested. Return on cash invested sits at 24.99% in year one, and rental yield is 9.08% on a $334,900 entry. Equity gained on principal adds $2,161/yr, while 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 130.09% and total cumulative return in cash sums $144,421. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,533/mo property income rather than buyer’s personal income.
Townhouse
Built in 2006
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97030, Gresham, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,767 (100%) |
| Owner Occupied HU | 6,647 (42.2%) |
| Renter Occupied HU | 8,289 (52.6%) |
| Vacant Housing Units | 831 ( 5.3%) |
| Median Home Value | $454,651 |
| Average Home Value | $507,729 |
Housing Distribution
Address Breakdown
Residential
15,955
Single Family
12,318
Multi-Family
3,637
Businesses
1,735
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kirstan Rogers • Keller Williams PDX Central
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #755654843
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 2025-05-26 11:43:31 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.