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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Forest Grove at 1304 Mountain View Dr SPACE 120, Forest Grove, OR, 97116 generates $1,669/mo in rent and, after a $1,209/mo payment, leaves $178/mo in cash flow. Total monthly income is $1,669/mo, and annual cash flow is $2,136/yr on $81,881 invested. Return on cash invested sits at 22.52% in year one, and rental yield is 8.11% on a $247,000 entry. Equity gained on principal adds $1,594/yr, while 5% annual appreciation builds toward $68,242 over five years. Five-year ROI reaches 116.68% and total cumulative return in cash sums $95,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,669/mo property income rather than buyer’s personal income.
Manufactured
Built in 1988
N/A 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 |
|---|---|---|
| 2025-06-27 | Listed for sale | $247,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | $1358.31 | 3.63% | $71,370 | 3.00% |
| 2023-06-30 | $1310.68 | 14.24% | $69,290 | 3.00% |
| 2022-06-30 | $1147.27 | 1.29% | $67,270 | N/A |
Listed by: Alana Walters • John L. Scott Market Center
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #503075363
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 2025-06-30 12:21:28 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.
