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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 1125 NW Spring St #A-3, Newport, OR, 97365 earns from $2,663/mo rent with a $3,274/mo payment. Total monthly income totals $2,663/mo. ROI tracks 7.54% on current figures, and rental yield reads 4.78% at a $668,900 purchase. Equity gained on principal adds $4,316/yr, and 5% annual appreciation supports $184,805 over five years. Five-year ROI reaches 38.1% and total cumulative return in cash sums $83,840. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,663/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$868 monthly 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 |
|---|---|---|
| 2024-07-11 | Listed for sale | $668,900 |
| 2007-10-09 | Sold | $514,000 |
| 2004-04-20 | Sold | $710,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-19 | $7138.74 | 3.18% | $405,530 | 3.00% |
| 2022-10-19 | $6918.84 | -1.29% | $393,720 | 3.00% |
| 2021-10-19 | $7009.54 | 5.60% | $382,260 | 3.00% |
Listed by: Mack Spear • Kelly Right Real Estate of Portland, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24606724
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-18 17:17:03 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
