3831 Pacific Ave SPACE D5Forest GroveOR97116
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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 Forest Grove at 3831 Pacific Ave SPACE D5, Forest Grove, OR, 97116 offers a 9.05% rental yield on a $106,000 purchase with $799/mo rent. Total monthly income registers $799/mo, and a $519/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,908/yr on $35,139 to close, and return on cash invested stands at 25.34% in year one. Equity gained on principal adds $684/yr while 5% annual appreciation supports $29,286 over five years. Portfolio math shows five-year ROI at 131.76% and total cumulative return in cash at $46,300. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $799/mo property income against a $519/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1974
1,104 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,874
Single Family
9,511
Multi-Family
1,363
Businesses
621
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Listed by: Jodi Cain • Cain Homes, LLC
Mls Name: My State MLS
Mls ID: #11539008