








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


Rental property for sale in Salem at 1099 Arthur Way NW, Salem, OR, 97304 priced at $590,000 converts $4,840/mo rent into $1,278/mo cash flow after a $2,888/mo obligation. Total monthly income equals $4,840/mo, and annual cash flow totals $15,341/yr on $194,110 invested. Return on cash invested prints 27.96% in year one, and rental yield reads 9.84% against a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $163,006 by year five. Five-year ROI reaches 145.81% and total cumulative return in cash sums $283,024. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,840/mo property income covering a $2,888/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97304, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,298 (100%) |
| Owner Occupied HU | 9,012 (63.0%) |
| Renter Occupied HU | 4,744 (33.2%) |
| Vacant Housing Units | 542 ( 3.8%) |
| Median Home Value | $502,291 |
| Average Home Value | $545,006 |
Residential
13,298
Single Family
12,487
Multi-Family
811
Businesses
616
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: CHRISTINE FOLZ • Real Broker
Mls Name: WVMLS
Mls ID: #828663