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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% |
Investment property for sale in Forest Grove at 1402 Pioneer Way SPACE 120, Forest Grove, OR, 97116 offers a 8.13% rental yield on a $214,900 purchase with $1,456/mo rent. Total monthly income registers $1,456/mo, and a $1,052/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,904/yr on $71,239 to close, and return on cash invested stands at 22.58% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 116.99% and total cumulative return in cash at $83,346. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,456/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lorrie Willner • Willner Properties LLC
Mls Name: RMLS (OR)
Mls ID: #154925213
