4520 SE Fleming StNewportOR97366
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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
Investment Highlights
Investment property for sale in Newport at 4520 SE Fleming St, Newport, OR, 97366 uses $149,076 cash to close to unlock $4,087/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $3,055/mo, and a $2,201/mo payment keeps the spread at $341/mo. Purchase price stands at $449,700, and rental yield measures 8.15% with $3,055/mo rent. Return on cash invested shows 22.65% in year one, and 5% annual appreciation builds toward $124,244 over five years. Five-year ROI reaches 117.35% and total cumulative return in cash records $174,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,055/mo property income covering a $2,201/mo payment rather than investor’s personal income.
Single Family
Built in 2023
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97366, South Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,153 (100%) |
| Owner Occupied HU | 651 (56.5%) |
| Renter Occupied HU | 222 (19.3%) |
| Vacant Housing Units | 280 (24.3%) |
| Median Home Value | $556,564 |
| Average Home Value | $601,644 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
868
Multi-Family
25
Businesses
59
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