1593 19th AveForest GroveOR97116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1593 19th Ave, Forest Grove, OR, 97116 offers a 7.47% rental yield on a $479,900 purchase with $2,987/mo rent. Total monthly income registers $2,987/mo, and a $2,349/mo payment leaves $90/mo available for distribution. Annual cash flow reaches $1,081/yr on $159,087 to close, and return on cash invested stands at 20.59% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 106.32% and total cumulative return in cash at $169,137. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,987/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
3,049 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Hesselman • Premiere Property Group, LLC
Mls Name: RMLS (OR)
Mls ID: #389140417