130 SW Brook StNewportOR97365
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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
Rental property for sale in Newport at 130 SW Brook St, Newport, OR, 97365 priced at $429,000 converts $2,156/mo rent into after a $2,100/mo obligation. Total monthly income equals $2,156/mo. Return on cash invested prints 16.25% in year one, and rental yield reads 6.03% against a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,525 by year five. Five-year ROI reaches 83.03% and total cumulative return in cash sums $118,081. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,156/mo property income covering a $2,100/mo payment, not borrower’s personal income.
Single Family
Built in 1920
6,969 sqft 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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