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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% |
Rental property for sale in Newport at 2634 SW Brant St, Newport, OR, 97365 offers $3,268/mo rent that, after a $2,570/mo payment. Total monthly income is $3,268/mo. Return on cash invested measures 18.66% in year one, and rental yield stands at 7.47% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 96.67% and total cumulative return in cash reaches $166,977. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,268/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2011
4,356 sqft lot
$N/A/sqft
$300 monthly 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 |
|---|---|---|
| 2025-04-29 | Listed for sale | $525,000 |
| 2018-09-19 | Sold | $309,000 |
| 2018-07-31 | Price change | $314,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-01 | $3476.87 | 3.18% | $197,510 | 3.00% |
| 2022-05-01 | $3369.82 | -1.29% | $191,760 | 3.00% |
| 2021-05-01 | $3414.01 | 5.60% | $186,180 | 3.00% |
Listed by: Michael Kessinger • Equity Plus Real Estate
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-911
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.
