1224 Alyssum AveForest GroveOR97116
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
Investment property for sale in Forest Grove at 1224 Alyssum Ave, Forest Grove, OR, 97116 with 5% annual appreciation on a $610,000 basis while $3,116/mo rent supports operations. 67% in year one. Equity gained on principal adds $3,936/yr, and five-year appreciation sums $168,532 alongside rental yield of 6.13%. Five-year ROI measures 85.26% and total cumulative return in cash totals $171,115. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,116/mo property income versus a $2,986/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Helena Brown • Cascade Hasson Sotheby's International Realty
Mls Name: RMLS (OR)
Mls ID: #484419025