324 N Peacock CtNewbergOR97132
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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
Rental property for sale in Newberg at 324 N Peacock Ct, Newberg, OR, 97132 priced at $500,000 converts $2,874/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,874/mo. Return on cash invested prints 18.87% in year one, and rental yield reads 6.9% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 97.08% and total cumulative return in cash sums $160,904. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,874/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1979
7,405 sqft 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 |
|---|---|---|
| 2025-10-02 | Sold | $500,000 |
| 2025-09-03 | Pending sale | $499,900 |
| 2025-08-20 | Price change | $499,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1979
- Architectural Style: Traditional
- Building Area: 1,717
- Living Area: 1,717 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Forced Air, Fireplace(s)
- Cooling: Heat Pump
- Flooring: Vinyl, Wall to Wall Carpet
- Interior Features: Vaulted Ceiling(s), Closet, Formal, Eat Bar, Walk-In Closet(s), Walkin Shower
- Exterior Features: Yard
- Parking Features: Driveway, On Street, Garage Door Opener, Detached
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: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Antonia Crater
- Middle School: Chehalem Valley
- High School: Newberg
Listed by: Laura Oviatt • Berkshire Hathaway HomeServices NW Real Estate
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #509692819
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 2025 RMLS, Portland, Oregon. This content last updated on 2025-10-23 22:24:12 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.