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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 Newberg at 2902 E 2nd St UNIT 27, Newberg, OR, 97132 generates $2,491/mo in rent and, after a $928/mo payment, leaves $871/mo in cash flow. Total monthly income is $2,491/mo, and annual cash flow is $10,448/yr on $62,819 invested. Return on cash invested sits at 36.54% in year one, and rental yield is 15.77% on a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 195.13% and total cumulative return in cash sums $122,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,491/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
0K to 2, 999 SqFt lot
$N/A/sqft
$476 monthly HOA
Neighborhood data shown for ZIP Code: 97132, Newberg, OR area.
| 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 |
Residential
12,286
Single Family
11,031
Multi-Family
1,255
Businesses
1,045
Date | Event | Price |
|---|---|---|
| 2025-08-28 | Listing removed | $199,000 |
| 2025-05-15 | Listed for sale | $199,000 |
| 2016-11-01 | Sold | $45,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $1036.76 | 3.55% | $64,858 | 3.00% |
| 2023-10-30 | $1001.19 | 2.76% | $62,969 | 3.00% |
| 2022-10-30 | $974.33 | 2.78% | $61,135 | 3.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
