159 SW Florence AveGreshamOR97080
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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 Gresham at 159 SW Florence Ave, Gresham, OR, 97080 offers a 8.35% rental yield on a $225,000 purchase with $1,566/mo rent. Total monthly income registers $1,566/mo, and a $1,101/mo payment leaves $208/mo available for distribution. Annual cash flow reaches $2,497/yr on $74,588 to close, and return on cash invested stands at 23.26% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 120.66% and total cumulative return in cash at $89,997. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,566/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97080, Gresham, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,539 (100%) |
| Owner Occupied HU | 11,922 (68.0%) |
| Renter Occupied HU | 4,987 (28.4%) |
| Vacant Housing Units | 630 ( 3.6%) |
| Median Home Value | $549,956 |
| Average Home Value | $572,194 |
Housing Distribution
Address Breakdown
Residential
16,673
Single Family
16,065
Multi-Family
608
Businesses
198
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