1700 NE Hogan DrGreshamOR97030
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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 1700 NE Hogan Dr, Gresham, OR, 97030 uses $88,709 cash to close to unlock $3,078/yr annual cash flow and $256/mo monthly cash flow. Total monthly income runs $1,872/mo, and a $1,310/mo payment keeps the spread at $256/mo. Purchase price stands at $267,599, and rental yield measures 8.39% with $1,872/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $73,933 over five years. Five-year ROI reaches 121.28% and total cumulative return in cash records $107,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,872/mo property income covering a $1,310/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97030, Gresham, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,767 (100%) |
| Owner Occupied HU | 6,647 (42.2%) |
| Renter Occupied HU | 8,289 (52.6%) |
| Vacant Housing Units | 831 ( 5.3%) |
| Median Home Value | $454,651 |
| Average Home Value | $507,729 |
Housing Distribution
Address Breakdown
Residential
15,955
Single Family
12,318
Multi-Family
3,637
Businesses
1,735
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