2980 NE Division #16-17GreshamOR97030
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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 2980 NE Division #16-17, Gresham, OR, 97030 earns $2,159/mo cash flow from $2,874/mo rent with a $580/mo payment. Total monthly income totals $2,874/mo, and annual cash flow totals $25,905/yr on $39,283 capital. ROI tracks 85.85% on current figures, and rental yield reads 29.1% at a $118,500 purchase. Equity gained on principal adds $765/yr, and 5% annual appreciation supports $32,739 over five years. Five-year ROI reaches 456.3% and total cumulative return in cash sums $179,248. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,874/mo property income instead of your personal income.
Manufactured
Built in 2024
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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