4263 SW Myrtle AveGreshamOR97080
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 4263 SW Myrtle Ave, Gresham, OR, 97080 in Gresham earns a 9.25% gross yield at $536,900. Rent of $4,136/mo nets $857/mo after the $2,414/mo mortgage. The 1.71 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $148,336 and $4,945/yr in equity accumulation project a total cumulative return of $258,564.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.8% |
| Monthly Cash Flow | $857 | $420 |
City averages based on Gresham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,136 |
| Total Monthly Debt Service | $3,066 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
3,484 sqft lot
$N/A/sqft
$39 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97080, Gresham, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,539 (100%) |
| Owner Occupied HU | 11,922 (68.0%) |
| Renter Occupied HU | 4,987 (28.4%) |
| Vacant Housing Units | 630 ( 3.6%) |
| Median Home Value | $549,956 |
| Average Home Value | $572,194 |
Housing Distribution
Address Breakdown
Residential
16,673
Single Family
16,065
Multi-Family
608
Businesses
198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2023
3,484 sqft lot
$N/A/sqft
$39 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97080, Gresham, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,539 (100%) |
| Owner Occupied HU | 11,922 (68.0%) |
| Renter Occupied HU | 4,987 (28.4%) |
| Vacant Housing Units | 630 ( 3.6%) |
| Median Home Value | $549,956 |
| Average Home Value | $572,194 |
Housing Distribution
Address Breakdown
Residential
16,673
Single Family
16,065
Multi-Family
608
Businesses
198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices