915 E 5th StNewbergOR97132
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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
Investment Highlights
Total monthly income runs $2,874/mo, and a $2,393/mo payment. Purchase price stands at $489,000, and rental yield measures 7.05% with $2,874/mo rent. Return on cash invested shows 19.34% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 99.57% and total cumulative return in cash records $161,410. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,874/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 1912
6,969 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97132, Newberg, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,286
Single Family
11,031
Multi-Family
1,255
Businesses
1,045
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Listed for sale | $489,000 |
| 2021-11-30 | Sold | $425,000 |
| 2021-10-26 | Pending sale | $405,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $3119.84 | 2.76% | $196,219 | 3.00% |
| 2022-10-15 | $3036.12 | 2.78% | $190,504 | 3.00% |
| 2021-10-15 | $2953.93 | 11.05% | $184,955 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1912
- Architectural Style: Bungalow,Craftsman
- Building Area: 1,540
- Living Area: 1,540 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Baseboard, Mini Split, Fireplace(s)
- Cooling: N/A
- Flooring: Hardwood, Laminate, Tile, Wall to Wall Carpet, Wood
- Interior Features: Ceiling Fan(s), Soaking Tub, Wainscoting, Closet, Formal, Pantry, Beamed Ceilings, Bathroom, Double Closet, Suite
- Exterior Features: Yard, Exterior Entry
- Parking Features: Driveway, RV Access/Parking, RV Boat Storage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Edwards
- Middle School: Mountain View
- High School: Newberg
Listed by: Andrea Guest • Keller Williams Realty Professionals
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24038259
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 09:54:03 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.