406 S Meridian St, Newberg, OR, 97132 | $350/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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406 S Meridian St, Newberg, OR, 97132 | $350/mo Cash Flow | Ziffy

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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 406 S Meridian St, Newberg, OR, 97132 listed at $425,000 pairs $2,915/mo rent with a $2,080/mo payment to leave $350/mo cash flow. Total monthly income runs $2,915/mo, and annual cash flow reaches $4,197/yr on $140,888 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 8.23% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 118.62% and total cumulative return in cash totals $167,117. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,915/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1946

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Adorable ranch home in highly desirable Newberg, OR. Just 5 blocks from George Fox! This 1,232 sq ft home makes single level living easy with 3 bedrooms, 2 bathrooms and generously sized yard. As you move through the home, you're greeted by light and bright laminate flooring throughout living room and a large front window allowing ample natural light to fill the space. The kitchen is cute as a button, recently painted and fully equipped with all the major appliances. This home also features 2 dining rooms for flexibility (use one as an office or home school room). Heading out the sliding door to the large covered back patio, you'll notice how massive the backyard is. This blank slate has plenty of room for a pool, hot tub, zen garden, or all your toys. Laundry room and storage room to top it off and covered parking for the cooler seasons. What more could you ask for or imagine? Ask your loan officer about $0 financing options.

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