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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 1558 E 3rd St, Newberg, OR, 97132 projects strong ROI of 2.92%. Rental yield 1.59%. With 5% annual appreciation, the property builds $772,207 in value over five years. Equity growth combined delivers a projected five-year ROI of 11.46%, translating into $103,805 in total cumulative return on $905,580 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1970
0.69 Acres 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 |
|---|---|---|
| 2024-09-19 | Listed for sale | $2,795,000 |
| 2017-04-13 | Listing removed | $1,550,000 |
| 2016-11-30 | Sold | $1,500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Glenna Cooke • GA Cooke Real Estate Services
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24507209
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 2024-10-15 10:04:08 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.
