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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Newport at 1011 NE Benton St, Newport, OR, 97365 listed at $392,500 pairs $3,426/mo rent with a $1,921/mo payment to leave $1,021/mo cash flow. Total monthly income runs $3,426/mo, and annual cash flow reaches $12,247/yr on $130,114 cash to close. Return on cash invested measures 29.32% in year one, and rental yield registers 10.47% at a $392,500 basis. Equity gained on principal adds $2,533/yr, and annual property appreciation at 5% supports $108,441 by year five. Five-year ROI tracks 153.24% and total cumulative return in cash totals $199,381. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,426/mo property income relative to a $1,921/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97365, Newport, OR area.
| 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 |
Residential
4,965
Single Family
4,293
Multi-Family
672
Businesses
988
Date | Event | Price |
|---|---|---|
| 2025-09-30 | Sold | $392,500 |
| 2025-08-29 | Pending sale | $425,000 |
| 2025-08-29 | Contingent | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $4243.07 | 2.41% | $242,420 | 3.00% |
| 2023-10-08 | $4143.15 | 3.18% | $235,360 | 3.00% |
| 2022-10-08 | $4015.59 | -1.30% | $228,510 | 3.00% |
Listed by: Hannah Katz • Coldwell Banker Professional Group - Lincoln City
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-1767
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms.
