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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% |
Investment property for sale in Newport at 3380 NW Oceanview Dr APT B, Newport, OR, 97365 at $400,000 posts ROI 18.14% with from $3,778/mo rent. Total monthly income equals $3,778/mo. Return on cash invested measures 18.14% and rental yield reads 11.33% at the current $400,000. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 by year five. Five-year ROI prints 98.27% and total cumulative return in cash totals $130,312. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,778/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
3,049 sqft lot
$N/A/sqft
$1,369 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 |
|---|---|---|
| 2024-08-15 | Listed for sale | $400,000 |
| 2024-03-04 | Listing removed | $395,000 |
| 2024-02-29 | Listed for sale | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-19 | $6161.28 | -14.26% | $350,000 | -14.41% |
| 2022-10-19 | $7186.33 | 61.90% | $408,940 | 68.94% |
| 2021-10-19 | $4438.67 | 6.33% | $242,060 | 3.71% |
Listed by: N/A • John L. Scott Medford
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220188309
Disclaimer: 2024 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 2024-10-18 17:17:59 PDT
