1000 S McKern Ct #18NewbergOR97132
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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 Newberg at 1000 S McKern Ct #18, Newberg, OR, 97132 offers a 8.65% rental yield on a $240,900 purchase with $1,736/mo rent. Total monthly income registers $1,736/mo, and a $1,179/mo payment leaves $282/mo available for distribution. Annual cash flow reaches $3,384/yr on $79,858 to close, and return on cash invested stands at 24.15% in year one. Equity gained on principal adds $1,554/yr while 5% annual appreciation supports $66,556 over five years. Portfolio math shows five-year ROI at 125.36% and total cumulative return in cash at $100,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,736/mo property income against a $1,179/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
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 |
Housing Distribution
Address Breakdown
Residential
12,286
Single Family
11,031
Multi-Family
1,255
Businesses
1,045
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