720 SW 6th St UNIT R-107, Newport, OR, 97365 | $448/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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720 SW 6th St UNIT R-107, Newport, OR, 97365 | $448/mo Cash Flow | 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

Investment property for sale in Newport at 720 SW 6th St UNIT R-107, Newport, OR, 97365 earns $448/mo cash flow from $3,013/mo rent with a $2,080/mo payment. Total monthly income totals $3,013/mo, and annual cash flow totals $5,373/yr on $140,888 capital. ROI tracks 23.72% on current figures, and rental yield reads 8.51% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 123.09% and total cumulative return in cash sums $173,417. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,013/mo property income instead of your personal income.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

This inviting 2-bedroom, 2-bath ground-floor condo in Playa Del Mar offers relaxed coastal living just minutes from shopping, coffee, restaurants, Newport's iconic Nye Beach district and historic bayfront. Featuring a butcher block island countertop, spacious bathrooms, and an open living area with a gas fireplace and space for a desk or reading nook, this home balances comfort with functionality. The ground-level layout provides direct access to the grassy common area - perfect for dog owners or anyone who enjoys easy outdoor access. Additional highlights include a carport with ample guest parking and a peek of the lighthouse from the property. Most furnishings convey with the sale, making this a move-in-ready beach condo ideal for full-time living, a coastal retreat or investment.

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