301 E Columbia Dr UNIT 61, Newberg, OR, 97132 | $179/mo Cash Flow

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301 E Columbia Dr UNIT 61, Newberg, OR, 97132 | $179/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newberg at 301 E Columbia Dr UNIT 61, Newberg, OR, 97132 offers a 9.11% rental yield on a $115,000 purchase with $873/mo rent. Total monthly income registers $873/mo, and a $563/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,145/yr on $38,123 to close, and return on cash invested stands at 25.53% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 132.86% and total cumulative return in cash at $50,649. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $873/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1991

N/A lot

$N/A/sqft

No HOA

More details about the property

This clean and well-maintained home offers a convenient layout perfect for comfortable living. With three spacious bedrooms and two full bathrooms, theres room for everyone. The open floor plan creates an easy flow throughout the living spaces, making it simple to relax or entertain. Enjoy outdoor living with a covered porchperfect for your morning coffee or evening unwindand a spacious backyard with plenty of room for gardening, pets, or play. Located in a welcoming community just one mile from George Fox University, lot rent is $1,185 per month. For more details about the park and its amenities,

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