1201 E 11th St, Newberg, OR, 97132 | $115/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1188 sft

4155 NE Three Mile Ln UNIT 22, McMinnville, OR, 97128

2 Bed
2 Bath
1335 sft

1229 NW Michelbook Ln, McMinnville, OR, 97128

3 Bed
2 Bath
2816 sft

8325 SE Sky Vista Dr, Amity, OR, 97101

4 Bed
2 Bath
1786 sft

2133 Northtree Dr NE, Keizer, OR, 97303

Nearby investment properties with comparable prices

3 Bed
2 Bath
1440 sft

359 NE Fircrest Pl, McMinnville, OR, 97128

2 Bed
1 Bath
686 sft

4405 Hazelgreen Rd NE, Salem, OR, 97305

2 Bed
2 Bath
902 sft

696 NW Fenton St, McMinnville, OR, 97128

3 Bed
3 Bath
1569 sft

265 McNary Heights Dr N, Keizer, OR, 97303

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Newberg at 1201 E 11th St, Newberg, OR, 97132 generates $2,198/mo in rent and, after a $1,689/mo payment, leaves $115/mo in cash flow. Total monthly income is $2,198/mo, and annual cash flow is $1,381/yr on $114,368 invested. Return on cash invested sits at 21.12% in year one, and rental yield is 7.65% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 109.16% and total cumulative return in cash sums $124,840. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,198/mo property income rather than buyer’s personal income.

Single Family

Built in 1915

6,000 sqft lot

$N/A/sqft

No HOA

More details about the property

Victorian 1915 Cottage on large corner lot with alley access on quiet street 2 blocks to Willamette River Park and Boat launch. Theres room room to build an accessory dwelling uni (ADU) at the rear of the lot. Light and bright 2 bedroom 1 bath, 27 living room with 10 ceilings and crown molding. Spacious Country kitchen with breakfast nook. Ceramic tile counters. Bath has tile above bathtub. In door laundry room. Gas forced air heating. Garage is detached with work bench. Wood deck off kitchen for your BBQs . Scott Leavitt Park is on the next street. Close to Charming downtown area and George Fox University. Presently painting and some upgrading. Room for a large garden plus RV access. Lowest price . Under 2000 per year property taxes. Ready for your personal touches on flooring. Investors welcome.

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