2629 SE 190th AveGreshamOR97030
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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 2629 SE 190th Ave, Gresham, OR, 97030 uses $165,419 cash to close to unlock $1,732/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $3,156/mo, and a $2,442/mo payment keeps the spread at $144/mo. Purchase price stands at $499,000, and rental yield measures 7.59% with $3,156/mo rent. Return on cash invested shows 20.96% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 108.27% and total cumulative return in cash records $179,094. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,156/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.26 Acres 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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