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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Newberg at 615 N Elliott Rd, Newberg, OR, 97132 projects strong ROI of 3.29%. Rental yield 1.71%. With 5% annual appreciation, the property builds $718,056 in value over five years. Equity growth combined delivers a projected five-year ROI of 13.44%, translating into $113,189 in total cumulative return on $842,076 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1996
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97132, Newberg, OR area.
| 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 |
Residential
12,286
Single Family
11,031
Multi-Family
1,255
Businesses
1,045
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: David Keys • Norris & Stevens Investment Real Estate Services
Mls Name: RMLS (OR)
Mls ID: #564483777
