20420 NE Sunnycrest RdNewbergOR97132
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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 20420 NE Sunnycrest Rd, Newberg, OR, 97132 projects strong ROI of 2.67%. Rental yield 1.51%. With 5% annual appreciation, the property builds $815,031 in value over five years. Equity growth combined delivers a projected five-year ROI of 10.08%, translating into $96,309 in total cumulative return on $955,800 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.
Single Family
Built in 2005
7.70 Acres 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 |
|---|---|---|
| 2024-10-12 | Listed for sale | $2,950,000 |
| 2024-08-28 | Pending sale | $2,950,000 |
| 2024-08-24 | Listed for sale | $2,950,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $8208.50 | 2.04% | $631,350 | 3.00% |
| 2022-10-15 | $8044.13 | 2.10% | $612,961 | 3.00% |
| 2021-10-15 | $7878.75 | 12.13% | $595,108 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2005
- Architectural Style: Custom Style,Traditional
- Building Area: 4,683
- Living Area: 4,683 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Forced Air, Radiant
- Cooling: N/A
- Flooring: Concrete, Hardwood
- Interior Features: Granite, High Ceilings, Kitchen Island
- Exterior Features: Dog Run, Garden, Raised Beds, Sauna
- Parking Features: Driveway, Parking Pad, Attached
Location
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: Septic Tank
- Water Source: Well
- Road Surface Type: Gravel
School Information
- Elementary School: Dundee
- Middle School: Chehalem Valley
- High School: Newberg
Listed by: Rita Wolff • Barnes Portland
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24104668
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 09:54:03 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.