467 NE Paloma AveGreshamOR97030
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 467 NE Paloma Ave, Gresham, OR, 97030 in Gresham is straightforward: $560,000 in, $3,952/mo in rent, $462/mo out after debt service. The 8.47% gross yield and 1.57 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $154,718 by year five. With $5,158/yr in principal equity, the total cumulative return is projected at $242,233.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.8% |
| Monthly Cash Flow | $462 | $420 |
City averages based on Gresham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,952 |
| Total Monthly Debt Service | $3,267 |
| DSCR Ratio | 1.21x |
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 1980
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97030, Gresham, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,767 (100%) |
| Owner Occupied HU | 6,647 (42.2%) |
| Renter Occupied HU | 8,289 (52.6%) |
| Vacant Housing Units | 831 ( 5.3%) |
| Median Home Value | $454,651 |
| Average Home Value | $507,729 |
Housing Distribution
Address Breakdown
Residential
15,955
Single Family
12,318
Multi-Family
3,637
Businesses
1,735
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 1980
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97030, Gresham, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,767 (100%) |
| Owner Occupied HU | 6,647 (42.2%) |
| Renter Occupied HU | 8,289 (52.6%) |
| Vacant Housing Units | 831 ( 5.3%) |
| Median Home Value | $454,651 |
| Average Home Value | $507,729 |
Housing Distribution
Address Breakdown
Residential
15,955
Single Family
12,318
Multi-Family
3,637
Businesses
1,735
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nikki del Giudice • Farrell Realty & Property Management, Inc
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #432663146
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-10-25 02:54:01 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.