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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 238 SE View Dr, Newport, OR, 97365 earns from $4,073/mo rent with a $5,384/mo payment. Total monthly income totals $4,073/mo. ROI tracks 11.68% on current figures, and rental yield reads 4.44% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 58.44% and total cumulative return in cash sums $208,279. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,073/mo property income instead of your personal income.
Single Family
Built in 1986
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 |
|---|---|---|
| 2025-06-20 | Sold | $1,100,000 |
| 2025-05-19 | Contingent | $1,100,000 |
| 2025-05-15 | Listed for sale | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $10837.49 | 2.41% | $619,180 | 3.00% |
| 2023-10-28 | $10582.32 | 3.18% | $601,150 | 3.00% |
| 2022-10-28 | $10256.49 | -1.29% | $583,650 | 3.00% |
Listed by: Michael Kessinger • Equity Plus Real Estate
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-1092
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.
