1000 McKern Ct #17, Newberg, OR, 97132 | $201/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1000 McKern Ct #17, Newberg, OR, 97132 | $201/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newberg at 1000 McKern Ct #17, Newberg, OR, 97132 offers a 8.25% rental yield on a $239,900 purchase with $1,649/mo rent. Total monthly income registers $1,649/mo, and a $1,174/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,413/yr on $79,527 to close, and return on cash invested stands at 22.94% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 118.96% and total cumulative return in cash at $94,603. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,649/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Almost Ready! You will love this beautiful Clayton home 3 bedroom and 2-bathroom home with 1456 sq. ft. Your next NEW home has a generous amount of space for all of your needs. A spacious kitchen features all new appliances, a wonderful island, large utility room with washer and dryer hook ups with easy access to your carport. Your wonderful new home awaits you, so stop in today and find out how this can be your home. Call Now! Set up a tour with our sales agent today! Ask about our special monthly promotions! Don't miss out. Only $5000 down payment will get you into this home. Act Now! We are a multi-family housing, no age restrictions. Situated in the friendly community of Newberg, Springbrook Estates would love to welcome your home. Stop in today and find out how this great home can be yours. Easy Financing Available. Only 3.99% Interest Rate, $5,000 down payment, and more! OAC. Come Tour Your New Home! All home buyers must apply for residency in our community. Springbrook Estates is an Equal Housing Community. Our state dealers license number is MSD563. Interested in financing? Third party lenders may be available. OAC.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97132, Newberg, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,751 (100%)
Owner Occupied HU	8,243 (64.6%)
Renter Occupied HU	3,884 (30.5%)
Vacant Housing Units	624 ( 4.9%)
Median Home Value	$557,408
Average Home Value	$619,628