1833 D St, Forest Grove, OR, 97116 | 7.04% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1833 D St, Forest Grove, OR, 97116 | 7.04% Rental Yield | 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

Rental property for sale in Forest Grove at 1833 D St, Forest Grove, OR, 97116 generates $3,021/mo in rent, after a $2,521/mo payment. Total monthly income is $3,021/mo. Return on cash invested sits at 19.44% in year one, and rental yield is 7.04% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 100.1% and total cumulative return in cash sums $169,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,021/mo property income rather than buyer’s personal income.

Single Family

Built in 1920

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Price reduced! Beautifully preserved 1920's craftsman home on a level 1/4 acre lot. Covered front porch looks out to a mature maple tree. Inside, youll find a large kitchen equipped with modern stainless steel appliances, quartz composite countertops, and plenty of space to add an island or dining area. The main floor includes two bedrooms one with a walk-in closet along with a full bathroom and bright living spaces. Upstairs you'll find another large bedroom, an attic storage room, and a full ensuite bathroom. A separate back entrance leads to the fully finished basement, which includes a fourth bedroom or office, a full laundry area complete with a convenient laundry chute, and two additional roomsideal for anyone needing extra space for hobbies, seasonal items or guests. This home also features a detached garage, RV parking + additional space to park 4+ cars! A wood gate leads to a fully fenced backyard featuring a tranquil fish pond, a storage shed, and plenty of room to relax, garden, or entertain. Nestled on a quiet dead-end street just a few blocks from Main Street, this home offers the perfect balance of small-town charm in a convenient location. Enjoy easy access to local breweries, restaurants, and shops of downtown Forest Grove, plus you're just 1/2 mile from Pacific University. Brand new roof installed Nov 2025 and 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