17841 NE Highway 240, Newberg, OR, 97132 | 5.11% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

17841 NE Highway 240, Newberg, OR, 97132 | 5.11% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
5 Bath
2884 sft

250 SE Lincoln St, McMinnville, OR, 97128

3 Bed
2 Bath
1516 sft

2039 NE Gibbs Cir, McMinnville, OR, 97128

4 Bed
3 Bath
1452 sft

865 16th St, Lafayette, OR, 97127

2 Bed
2 Bath
1022 sft

547 SE Cowls St, McMinnville, OR, 97128

Nearby investment properties with comparable prices

4 Bed
3 Bath
2448 sft

2894 NW Shadden Dr, McMinnville, OR, 97128

4 Bed
3 Bath
2152 sft

2898 NW Mount Ashland Ln, McMinnville, OR, 97128

3 Bed
2 Bath
1760 sft

20025 SW Briedwell Rd, Amity, OR, 97101

3 Bed
2 Bath
1777 sft

22715 SW Eagle Point Rd, Sheridan, OR, 97378

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

Investment property for sale in Newberg at 17841 NE Highway 240, Newberg, OR, 97132 listed at $680,500 pairs $2,899/mo rent with a $3,331/mo payment. Total monthly income runs $2,899/mo. Return on cash invested measures 13.58% in year one, and rental yield registers 5.11% at a $680,500 basis. Equity gained on principal adds $4,391/yr, and annual property appreciation at 5% supports $188,010 by year five. Five-year ROI tracks 68.68% and total cumulative return in cash totals $153,769. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,899/mo property income relative to a $3,331/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2000

14 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled in the heart of Oregon wine country, this property offers a rare blend of privacy, acreage, and versatility. Set on 14 pristine acres with sweeping territorial views, this beautifully maintained 1,944 sq ft manufactured home features 3 bedrooms, 2 bathrooms, and both a formal living room and a spacious family roomperfect for entertaining or unwinding after a day on the property. Inside, youll find a bright, open kitchen with center island, dining area, and ample cabinetry, a primary suite with a large ensuite bath and soaking tub, plus a convenient mudroom to keep the outdoors where it belongs. Three decks wrap the home, providing ideal spots for morning coffee, summer barbecues, or sunset watching. The property is a dream for hobbyists, entrepreneurs, or anyone craving room to roam. A massive 50x60 shop offers endless possibilities for storage, business use, or creative projects, while the RV pad and dedicated pool pad open the door to more lifestyle upgrades. An existing barn is ready for your visionwhether thats for animals, gardening, or transforming into the ultimate hobby sanctuary. With its flat, usable acreage, this property is equally suited for agricultural pursuits, recreation, or simply enjoying wide-open space. Located just minutes from downtown Newberg, Carlton, and some of Oregons most celebrated wineries, youll enjoy rural serenity without sacrificing convenience. Whether youre seeking a peaceful retreat, a place to grow your passions, or a property with space for all your toys and tools, this Newberg gem delivers. Move-in ready, impeccably cared for, and brimming with potentialthis is the acreage lifestyle youve been waiting for!

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