550 SW 4th St, Newport, OR, 97365 | 4.96% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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550 SW 4th St, Newport, OR, 97365 | 4.96% Rental Yield | Ziffy

For Sale

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

Rental property for sale in Newport at 550 SW 4th St, Newport, OR, 97365 offers $2,788/mo rent that, after a $3,303/mo payment. Total monthly income is $2,788/mo. Return on cash invested measures 13.11% in year one, and rental yield stands at 4.96% at a $674,900 entry. Equity gained on principal adds $4,355/yr while 5% annual appreciation compounds into $186,462 by year five. Five-year ROI records 66.17% and total cumulative return in cash reaches $146,923. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,788/mo property income versus a $3,303/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Luxurious Coastal Living - Fully Remodeled, Just One Block from the Beach. Step into a world where modern elegance meets timeless coastal charm. This fully remodeled 3-bedroom, 2-bath sanctuary is just one block from beach access and moments from parks, vibrant restaurants, local bars, art galleries, and boutique shopping. Every detail has been thoughtfully curated-from the new roof (2025) and new windows, all new stainless steel appliances (2024) with a massive French door refrigerator, to the freshly painted exterior and beautifully preserved original hardwood floors. Inside, the heart of the home shines with acacia wood butcher block countertops, a cozy fireplace, and a sunlit enclosed sunporch that invites quiet mornings or lazy afternoons. The spa-inspired bathrooms feature tiled rain showers, and dual showerheads for a truly indulgent experience. An on-demand hot water heater ensures comfort year-round. French doors off the living area and bedroom invite indoor-outdoor living, opening to a durable Trex deck and a concrete patio-ideal for entertaining or quiet evenings by the backyard firepit. Low-maintenance landscaping keeps the focus on enjoying the space, not maintaining it. One of the bedrooms has been cleverly expanded into a spacious primary en suite by opening up a wall between two rooms. Should a buyer prefer a traditional third bedroom layout, sellers are open to restoring the wall prior to closing. The home is exquisitely staged, with furnishings available for purchase, making your transition effortless. Whether you're seeking a full-time residence, a weekend escape, or a refined investment property, this coastal retreat offers a rare blend of luxury, warmth, and location.

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