








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Newport at 5689 NE Windmill Dr #1, Newport, OR, 97365 uses $99,417 cash to close to unlock $7,075/yr annual cash flow and $590/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,468/mo payment keeps the spread at $590/mo. Purchase price stands at $299,900, and rental yield measures 9.6% with $2,400/mo rent. Return on cash invested shows 27.03% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 140.82% and total cumulative return in cash records $139,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97365, Newport, OR area.
| 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 |
Residential
4,965
Single Family
4,293
Multi-Family
672
Businesses
988
Date | Event | Price |
|---|---|---|
| 2025-07-03 | Listed for sale | $299,900 |
| 2025-05-26 | Listing removed | $299,900 |
| 2024-12-04 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Tom Turner • Pacific Coast Homes
Mls Name: My State MLS
Mls ID: #11385416