1000 S McKern Ct #18, Newberg, OR, 97132 | $282/mo Cash Flow

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1000 S McKern Ct #18, Newberg, OR, 97132 | $282/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 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

More details about the property

Step into comfort and style with this brand new 3 bed, 2 bath manufactured home, designed with open- concept living and thoughtful details throughout. The spacious layout features a bright and airy living room that flows seamlessly into a modern kitchen with sleek cabinetry and ample counter space that's perfect for cooking, entertaining or family gatherings. Four bedrooms provide plenty of space for family, guests, or a home office and a second bathroom ensures convenience for everyone. Additional highlights include energy efficient construction and appliances, durable finishes for easy maintenance, in home laundry and an open floor plan with abundant natural light. Don't miss your chance to make this beautiful new home yours!! Call today for a tour!!

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