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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Forest Grove at 2828 22nd Ave UNIT 5, Forest Grove, OR, 97116 uses $120,998 cash to close to unlock $207/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,786/mo payment keeps the spread at $17/mo. Purchase price stands at $365,000, and rental yield measures 7.3% with $2,220/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 103.58% and total cumulative return in cash records $125,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97116, Forest Grove, OR area.
| 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 |
Residential
10,874
Single Family
9,511
Multi-Family
1,363
Businesses
621
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brandon Gill • State Street Brokers LLC
Mls Name: RMLS (OR)
Mls ID: #424010418
