200 E 3rd StNewbergOR97132
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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
Investment property for sale in Newberg at 200 E 3rd St, Newberg, OR, 97132 offers a 7.04% rental yield on a $490,000 purchase with $2,874/mo rent. 21% in year one. Equity gained on principal adds $3,162/yr while 5% annual appreciation supports $135,378 over five years. Portfolio math shows five-year ROI at 98.9% and total cumulative return in cash at $160,644. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,874/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
N/A lot
$N/A/sqft
No HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
12,286
Single Family
11,031
Multi-Family
1,255
Businesses
1,045
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $490,000 |
| 2023-09-13 | Listing removed | N/A |
| 2023-08-30 | Listed for rent | $2,545 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-24 | $4897.42 | 2.76% | $308,018 | 3.00% |
| 2022-03-24 | $4766.00 | 2.78% | $299,047 | 3.00% |
| 2021-03-24 | $4637.00 | 98.45% | $290,337 | 84.06% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1901
- Architectural Style: Craftsman
- Building Area: 1,890
- Living Area: 1,890 sqft
- Property Condition: Resale,Updated/Remodeled
Features & Amenities
- Heating: Forced Air
- Cooling: N/A
- Flooring: Hardwood, Vinyl
- Interior Features: Vaulted Ceiling(s), Updated Remodeled, Butlers Pantry, Walkin Shower
- Exterior Features: Yard
- Parking Features: Driveway
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Edwards
- Middle School: Chehalem Valley
- High School: Newberg
Listed by: Benjamin Nelson • eXp Realty, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #279949889
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 2025-03-24 12:11:37 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.