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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 Newport at 2039 NE Crestview Dr, Newport, OR, 97365 uses $192,465 cash to close to unlock $997/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $3,614/mo, and a $2,863/mo payment keeps the spread at $83/mo. Purchase price stands at $585,000, and rental yield measures 7.41% with $3,614/mo rent. Return on cash invested shows 20.58% in year one, and 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 106.21% and total cumulative return in cash records $204,414. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,614/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Single Family
Built in 1969
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97365, Newport, OR area.
| 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 |
Residential
4,965
Single Family
4,293
Multi-Family
672
Businesses
988
Date | Event | Price |
|---|---|---|
| 2024-10-01 | Listed for sale | $585,000 |
| 2024-08-27 | Listing removed | $585,000 |
| 2024-07-18 | Price change | $585,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2015-10-19 | $3822.53 | 12.32% | $198,710 | 4.84% |
| 2014-10-19 | $3403.35 | N/A | $189,540 | -1.76% |
| 2013-10-19 | $3403.35 | 4.78% | $192,930 | 2.99% |
Listed by: Marilyn Grove • Advantage Real Estate
Mls Name: OCMLS
Mls Provider:
Mls ID: #23-1993
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Non-members should contact the listing broker directly for compensation information.
