426 S Corinne DrNewbergOR97132
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Nearby investment properties with comparable prices
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
Investment property for sale in Newberg at 426 S Corinne Dr, Newberg, OR, 97132 at $405,000 posts ROI 23.21% with $370/mo cash flow from $2,874/mo rent. Total monthly income equals $2,874/mo, and annual cash flow records $4,435/yr on $134,258 to close. Return on cash invested measures 23.21% and rental yield reads 8.52% at the current $405,000. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 by year five. Five-year ROI prints 120.56% and total cumulative return in cash totals $161,858.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,874/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
2,613 sqft lot
$N/A/sqft
$60 monthly 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 |
|---|---|---|
| 2025-04-16 | Listed for sale | $405,000 |
| 2022-11-16 | Sold | $444,000 |
| 2022-10-16 | Pending sale | $435,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2009
- Architectural Style: N/A
- Building Area: 1,390
- Living Area: 1,390 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Heat Pump
- Cooling: N/A
- Flooring: Laminate
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached
HOA & Fees
- HOA Fee: $60 monthly
- Association Fee: $60 monthly
- 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: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: CIELO DEL ROSARIO • Dore
Mls Name: WVMLS
Mls Provider:
Mls ID: #827681
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.