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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 1423 Primrose Ln, Forest Grove, OR, 97116 earns $3,692/mo cash flow from $7,500/mo rent with a $3,084/mo payment. Total monthly income totals $7,500/mo, and annual cash flow totals $44,304/yr on $207,270 capital. ROI tracks 41.44% on current figures, and rental yield reads 14.29% at a $630,000 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,057 over five years. Five-year ROI reaches 218.06% and total cumulative return in cash sums $451,978. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,500/mo property income instead of your personal income.
Single Family
Built in 2000
7,405 sqft 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 |
|---|---|---|
| 2024-09-20 | Price change | $630,000 |
| 2024-07-18 | Price change | $640,000 |
| 2024-05-14 | Listed for sale | $650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $6170.25 | 14.37% | $328,700 | 3.00% |
| 2022-10-15 | $5395.18 | 1.31% | $319,130 | N/A |
| 2021-10-15 | $5325.36 | 0.54% | N/A | N/A |
Listed by: Amber Morgan • Premiere Property Group, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24009700
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 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 07:29:27 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.
