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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% |
Rental property for sale in Forest Grove at 3131 NW Highway 47, Forest Grove, OR, 97116 generates $3,615/mo in rent and, after a $2,839/mo payment, leaves $114/mo in cash flow. Total monthly income is $3,615/mo, and annual cash flow is $1,366/yr on $190,820 invested. Return on cash invested sits at 20.78% in year one, and rental yield is 7.48% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 107.25% and total cumulative return in cash sums $204,657. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,615/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
3.57 Acres 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: Erica Campos • eXp Realty, LLC
Mls Name: RMLS (OR)
Mls ID: #350506448
