1000 SE Bay Blvd #140NewportOR97365
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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 Newport at 1000 SE Bay Blvd #140, Newport, OR, 97365 listed at $228,000 pairs $1,548/mo rent with a $1,116/mo payment to leave $172/mo cash flow. Total monthly income runs $1,548/mo, and annual cash flow reaches $2,060/yr on $75,582 cash to close. Return on cash invested measures 22.64% in year one, and rental yield registers 8.15% at a $228,000 basis. Equity gained on principal adds $1,471/yr, and annual property appreciation at 5% supports $62,992 by year five. Five-year ROI tracks 117.25% and total cumulative return in cash totals $88,623. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,548/mo property income relative to a $1,116/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97365, Newport, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,410 (100%) |
| Owner Occupied HU | 3,108 (48.5%) |
| Renter Occupied HU | 2,142 (33.4%) |
| Vacant Housing Units | 1,160 (18.1%) |
| Median Home Value | $484,402 |
| Average Home Value | $591,988 |
Housing Distribution
Address Breakdown
Residential
4,965
Single Family
4,293
Multi-Family
672
Businesses
988
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