3530 Summit Pointe Ct, Forest Grove, OR, 97116 | $2,466/mo Cash Flow

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3530 Summit Pointe Ct, Forest Grove, OR, 97116 | $2,466/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 3530 Summit Pointe Ct, Forest Grove, OR, 97116 offers $7,500/mo rent that, after a $4,082/mo payment, leaves $2,466/mo cash flow. Total monthly income is $7,500/mo, and annual cash flow is $29,590/yr on $274,386 cash. Return on cash invested measures 30.84% in year one, and rental yield stands at 10.79% at a $834,000 entry. Equity gained on principal adds $5,382/yr while 5% annual appreciation compounds into $230,419 by year five. Five-year ROI records 161.23% and total cumulative return in cash reaches $442,406. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,500/mo property income versus a $4,082/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2005

0.38 Acres lot

$N/A/sqft

No HOA

More details about the property

Situated in sought-after Forest Gale Heights, this distinctive home is set on a quiet, cul-de-sacstyle street with minimal traffic and a serene atmosphere. Expansive windows bring in abundant natural light throughout the open floor plan. At the heart of the home, the chefs kitchen features a central island, generous storage, and a seamless connection to the vaulted great room anchored by a wood-burning fireplace for those chilly PNW nights. A formal dining room with classic wainscoting completes the main living area. The primary suite on the main level offers tranquil forest views and private deck access, creating a restful retreat. Soak in the ensuite jetted tub after a long day. The lower level opens to a bright family room with wet bar and walk-out deck, along with two additional bedrooms, a second laundry, and a flexible bonus room. Enjoy the seclusion of the backyard with two decks overlooking the wooded landscape. Just minutes from downtown Forest Grove, youll have easy access to trails, vineyards, shopping and local events, all while coming home to a private, retreat-like setting ready for your personal touches.

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