1569 19th AveForest GroveOR97116
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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
Investment Highlights
Investment property for sale in Forest Grove at 1569 19th Ave, Forest Grove, OR, 97116 listed at $417,000 pairs $2,700/mo rent with a $2,041/mo payment to leave $183/mo cash flow. Total monthly income runs $2,700/mo, and annual cash flow reaches $2,195/yr on $138,236 cash to close. Return on cash invested measures 21.5% in year one, and rental yield registers 7.77% at a $417,000 basis. Equity gained on principal adds $2,691/yr, and annual property appreciation at 5% supports $115,209 by year five. Five-year ROI tracks 111.15% and total cumulative return in cash totals $153,649. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,700/mo property income relative to a $2,041/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
2,178 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
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Listed by: Kara Girod • MORE Realty
Mls Name: RMLS (OR)
Mls ID: #255704167