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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 3360 NW Oceanview Dr UNIT A, Newport, OR, 97365 generates $2,207/mo in rent, after a $1,591/mo payment. Total monthly income is $2,207/mo. Return on cash invested sits at 11.78% in year one, and rental yield is 8.15% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 62.96% and total cumulative return in cash sums $67,837. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,207/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
1,742 sqft lot
$N/A/sqft
$800 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 |
|---|---|---|
| 2025-05-28 | Listed for sale | $325,000 |
| 2021-05-05 | Sold | $150,000 |
| 2021-03-24 | Pending sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-29 | $5256.06 | 3.18% | $298,580 | 3.00% |
| 2022-05-29 | $5094.25 | 43.53% | $289,890 | 49.77% |
| 2021-05-29 | $3549.32 | 6.78% | $193,560 | 4.15% |
Listed by: N/A • John L. Scott Medford
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220202752
Disclaimer: 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Zillow Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on 2025-05-29 11:37:27 PDT
