579 NE Fleming Ave #C-41GreshamOR97030
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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 Gresham at 579 NE Fleming Ave #C-41, Gresham, OR, 97030 earns $253/mo cash flow from $1,701/mo rent with a $1,174/mo payment. Total monthly income totals $1,701/mo, and annual cash flow totals $3,037/yr on $79,527 capital. ROI tracks 23.73% on current figures, and rental yield reads 8.51% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 123.18% and total cumulative return in cash sums $97,963. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,701/mo property income instead of your personal income.
Condo
Built in 1974
N/A 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
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