526 NE 3rd StNewportOR97365
Nearby investment properties with comparable rents
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 Newport at 526 NE 3rd St, Newport, OR, 97365 at $325,000 posts ROI 31.14% with $1,008/mo cash flow from $2,970/mo rent. Total monthly income equals $2,970/mo, and annual cash flow records $12,096/yr on $107,738 to close. Return on cash invested measures 31.14% and rental yield reads 10.97% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 162.84% and total cumulative return in cash totals $175,441.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,970/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97365, Newport, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,965
Single Family
4,293
Multi-Family
672
Businesses
988
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Listed by: Matt Moore • Elkhorn Real Estate
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-1113
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms.