3403 Glade Ave, Forest Grove, OR, 97116 | 4.64% Rental Yield

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3403 Glade Ave, Forest Grove, OR, 97116 | 4.64% 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 3403 Glade Ave, Forest Grove, OR, 97116 generates $2,700/mo in rent, after a $3,416/mo payment. Total monthly income is $2,700/mo. Return on cash invested sits at 12.15% in year one, and rental yield is 4.64% on a $697,990 entry. Equity gained on principal adds $4,504/yr, while 5% annual appreciation builds toward $192,842 over five years. Five-year ROI reaches 61.04% and total cumulative return in cash sums $140,169. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to The Mattingly Plan with a 3 CAR garage, a beautifully modern single-level home nestled in Parkview Terrace in Forest Grove, OR. Set on a homesite that backs to lush trees with a generously sized side yard, this home offers a peaceful retreat with everyday convenience. Views of Park and Valley. Inside, youll find exquisite finishes throughout, including luxury vinyl plank flooring that adds both style and durability. The designer kitchen features striking cabinetry, a large presentation island, and an open layout that seamlessly connects to the dining and family roomscreating the perfect space for gatherings and easy entertaining.The Primary Bedroom is thoughtfully positioned away from the secondary bedrooms, offering a private retreat complete with elegant finishes. Whether you're enjoying quiet evenings around the fireplace or soaking in the tranquil view of the trees, this home is designed to bring comfort and connection together.

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