1494 18th Ave, Forest Grove, OR, 97116 | $154/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1494 18th Ave, Forest Grove, OR, 97116 | $154/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Forest Grove at 1494 18th Ave, Forest Grove, OR, 97116 listed at $549,000 pairs $3,468/mo rent with a $2,687/mo payment to leave $154/mo cash flow. Total monthly income runs $3,468/mo, and annual cash flow reaches $1,851/yr on $180,621 cash to close. Return on cash invested measures 21.08% in year one, and rental yield registers 7.58% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 108.93% and total cumulative return in cash totals $196,748. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,468/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2020

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Dreams do come true! You can move in for the holidays and Ring in 26 here at HOME! Its doesnt get more perfect than this exceptional space, design, and views. Youll love this modern open-concept living and thoughtfully optimized to live your best life. This spacious NW Craftsman Birch plan features 5 bedrooms and 3.5 bathsincluding a beautifully finished basementand offers stunning green-space and creek views for a serene natural backdrop. The fully finished lower level provides exceptional versatility with a 5th bedroom, full bathroom, and large Flex Room ideal for extended living, guest accommodations, a second office, media room, gym, or multi-purpose retreat, for remote work or multi-generational living! Upstairs, the open main level showcases seamless flow between living, dining, and kitchen spaces, enhanced by abundant natural light and picturesque surroundings. Theres plenty of room for everyone and also offers a balanced blend of privacy and togetherness! Live minutes from downtown Forest Grove! Enjoy all the restaurants, coffee shops, unique shops and the fun markets and events that pop up through the festive seasons! This home is the newest likenew home on the market (exceptionally cared for) + move-in ready! Fridge, WD, and the Safe (with code!) stays! *** Open House: Join us Sunday 11/16 - 11-1pm

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