45585 NW David Hill RdForest 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 45585 NW David Hill Rd, Forest Grove, OR, 97116 earns from $7,500/mo rent with a $8,296/mo payment. Total monthly income totals $7,500/mo. ROI tracks 14.4% on current figures, and rental yield reads 5.31% at a $1,695,000 purchase. Equity gained on principal adds $10,938/yr, and 5% annual appreciation supports $468,297 over five years. Five-year ROI reaches 73% and total cumulative return in cash sums $400,905. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,500/mo property income instead of your personal income.
Single Family
Built in 1977
2.39 Acres 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: Carolyn Hoty • Keller Williams Realty Professionals
Mls Name: RMLS (OR)
Mls ID: #291987417