4303 Settlers Loop SPACE 120, Forest Grove, OR, 97116 | $355/mo Cash Flow

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4303 Settlers Loop SPACE 120, Forest Grove, OR, 97116 | $355/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

Investment property for sale in Forest Grove at 4303 Settlers Loop SPACE 120, Forest Grove, OR, 97116 uses $66,267 cash to close to unlock $4,257/yr annual cash flow and $355/mo monthly cash flow. Total monthly income runs $1,561/mo, and a $978/mo payment keeps the spread at $355/mo. Purchase price stands at $199,900, and rental yield measures 9.37% with $1,561/mo rent. Return on cash invested shows 26.33% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 137.1% and total cumulative return in cash records $90,853. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,561/mo property income covering a $978/mo payment rather than investor’s personal income.

Manufactured

Built in 1989

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this wonderful Homestead Community a prime 55+ park in Forest Grove. THe home features a spacious primary suite with large en suite bathroom and walk in closet. A second bedroom has a full bathroom across the hall. Nice laundry space with storage and clothes hanging space. The large living room is great for entertaining. Kitchen is open to a space for use as dining room or another family room. Nice windows throughout the home bring in natural light. Surrounding the home there are garden beds, and beautiful landscaping, this a gardeners paradise! Two out-buildings are on property one off the car port and one in the back of home, giving you lots of room for storage of your cherished belongings. Stay dry system has been installed. New heat pump 2025. This wonderful community provides a nice atmosphere with large "Lodge" style community building across the street with gathering space, billiards room, library and kitchen. Come see your next home.

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