1000 S McKern Ct #57NewbergOR97132
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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 #57, Newberg, OR, 97132 uses $36,465 cash to close to unlock $2,393/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $863/mo, and a $538/mo payment keeps the spread at $199/mo. Purchase price stands at $110,000, and rental yield measures 9.41% with $863/mo rent. Return on cash invested shows 26.47% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 137.88% and total cumulative return in cash records $50,280. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $863/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
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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