9890 NW Highway 47Forest 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
Rental property for sale in Forest Grove at 9890 NW Highway 47, Forest Grove, OR, 97116 generates $7,500/mo in rent and, after a $4,648/mo payment, leaves $1,768/mo in cash flow. Total monthly income is $7,500/mo, and annual cash flow is $21,213/yr on $312,451 invested. Return on cash invested sits at 26.85% in year one, and rental yield is 9.48% on a $949,700 entry. Equity gained on principal adds $6,128/yr, while 5% annual appreciation builds toward $262,385 over five years. Five-year ROI reaches 139.81% and total cumulative return in cash sums $436,851. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
3.90 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: Joy Dale • Knipe Realty ERA Powered
Mls Name: RMLS (OR)
Mls ID: #398210362