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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 406 E London Way, Newberg, OR, 97132 offers $2,874/mo rent that, after a $2,089/mo payment, leaves $298/mo cash flow. Total monthly income is $2,874/mo, and annual cash flow is $3,571/yr on $141,517 cash. Return on cash invested measures 22.43% in year one, and rental yield stands at 8.08% at a $426,900 entry. Equity gained on principal adds $2,755/yr while 5% annual appreciation compounds into $117,945 by year five. Five-year ROI records 116.18% and total cumulative return in cash reaches $164,413. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,874/mo property income versus a $2,089/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-10-09 | Price change | $426,900 |
| 2024-10-01 | Listed for sale | $429,900 |
| 2024-08-07 | Listing removed | $429,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $856.87 | N/A | $53,892 | N/A |
Listed by: Chandler Willcuts • Willcuts Company Realtors
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #23517975
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 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 10:04:08 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.
