1000 S McKern Ct #91, Newberg, OR, 97132 | $1,835/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1000 S McKern Ct #91, Newberg, OR, 97132 | $1,835/mo Cash Flow | Ziffy

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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 #91, Newberg, OR, 97132 uses $52,709 cash to close to unlock $22,026/yr annual cash flow and $1,835/mo monthly cash flow. Total monthly income runs $2,795/mo, and a $778/mo payment keeps the spread at $1,835/mo. Purchase price stands at $159,000, and rental yield measures 21.09% with $2,795/mo rent. Return on cash invested shows 61.7% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 326.77% and total cumulative return in cash records $172,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,795/mo property income covering a $778/mo payment rather than investor’s personal income.

Manufactured

Built in 2015

3,000 sqft lot

$N/A/sqft

No HOA

More details about the property

Come home to elegance - 2015 Palm Harbor, 3 bedroom, 2 bath with 9 high ceilings for the feeling of openness. Located in Springbrook Estates - an All Age manufactured home park in Newberg, Oregon. The flow from the living area to the kitchen and dining area are great for entertaining & staying connected with family. The 3rd bedroom has dual closets for sharing or organization and the Master bedroom closet is a large walk in. The master bed & bath are oversized with the bath having a walk in shower. LVP flooring throughout the home for easy upkeep and allergy friendly. The heat pump was installed in 2017, home was repainted in 2024 and the back area has raised garden beds and a beautiful tile space for enjoying the outdoors. The area behind the manufactured home is a field with a commercial building far enough away that it is quiet. Fully fenced yard. There are two sheds on the property, one for tools and the other for storage and it has a loft to store your holiday boxes out of the way. Lot rent is $999 and utilities are billed separately. Pets are allowed but weight and breed restrictions do apply.

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