632 SE 38th DrGreshamOR97080
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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
Total monthly income runs $2,070/mo, and a $3,328/mo payment. Purchase price stands at $679,900, and rental yield measures 3.65% with $2,070/mo rent. Return on cash invested shows 9.15% in year one, and 5% annual appreciation builds toward $187,844 over five years. Five-year ROI reaches 44.89% and total cumulative return in cash records $100,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,070/mo property income covering a $3,328/mo payment rather than investor’s personal income.
Single Family
Built in 2003
5,662 sqft lot
$N/A/sqft
No 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
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