3404 19th Ave APT 205, Forest Grove, OR, 97116 | $365/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3404 19th Ave APT 205, Forest Grove, OR, 97116 | $365/mo Cash Flow | 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 3404 19th Ave APT 205, Forest Grove, OR, 97116 generates $1,750/mo in rent and, after a $1,123/mo payment, leaves $365/mo in cash flow. Total monthly income is $1,750/mo, and annual cash flow is $4,380/yr on $76,079 invested. Return on cash invested sits at 25.67% in year one, and rental yield is 9.15% on a $229,500 entry. Equity gained on principal adds $1,481/yr, while 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 133.49% and total cumulative return in cash sums $101,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,750/mo property income rather than buyer’s personal income.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 3404 19th Ave. #205 a beautifully renovated 2-bedroom, 1-bath condo thats move-in ready and full of modern touches. Step inside to fresh new carpet, stylishly refinished countertops, a classic tile backsplash, and brand new windows/slider that fills the space with natural light. The comfortable living room features an A/C unit for year-round comfort, while the open layout flows seamlessly into the kitchen and dining area.The convenience continues with an in-unit washer and dryer, plus a private storage shed for all your extras. Enjoy your own outdoor retreat on the private patio/deck perfect for morning coffee or evening relaxation. A deeded parking spot is included, and furnishings are negotiable, offering the chance for a turnkey purchase at a great value. With thoughtful updates, practical amenities, and a fresh, inviting feel, this condo is ready for its next chapter. Dont miss your chance to make it yours! Seller's agent is also the seller/owner.

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