Newport Plan, Davis EstatesForest 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 Newport Plan, Davis Estates, Forest Grove, OR, 97116 offers $3,508/mo rent that, after a $2,667/mo payment, leaves $219/mo cash flow. Total monthly income is $3,508/mo, and annual cash flow is $2,626/yr on $179,303 cash. Return on cash invested measures 21.52% in year one, and rental yield stands at 7.72% at a $544,995 entry. Equity gained on principal adds $3,517/yr while 5% annual appreciation compounds into $150,572 by year five. Five-year ROI records 111.27% and total cumulative return in cash reaches $199,510. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,508/mo property income versus a $2,667/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A