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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 Newberg at 1538 E 3rd St, Newberg, OR, 97132 offers a 8.62% rental yield on a $399,900 purchase with $2,874/mo rent. Total monthly income registers $2,874/mo, and a $1,957/mo payment leaves $460/mo available for distribution. Annual cash flow reaches $5,525/yr on $132,567 to close, and return on cash invested stands at 24.08% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 125.01% and total cumulative return in cash at $165,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,874/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97132, Newberg, OR area.
| 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 |
Residential
12,286
Single Family
11,031
Multi-Family
1,255
Businesses
1,045
Date | Event | Price |
|---|---|---|
| 2025-03-15 | Listed for sale | $399,900 |
| 2025-03-07 | Pending sale | $399,900 |
| 2025-02-04 | Price change | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-18 | $2376.29 | 2.76% | $149,454 | 3.00% |
| 2022-03-18 | $2312.52 | 2.78% | $145,101 | 3.00% |
| 2021-03-18 | $2249.93 | N/A | $140,875 | N/A |
Listed by: Marc Fox • Keller Williams Realty Portland Premiere
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #354977888
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 2025 RMLS, Portland, Oregon. This content last updated on 2025-03-18 11:43:44 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.
