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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 Salem at 112 Gregory Ln SE, Salem, OR, 97302 at $364,900 posts ROI 20.13% with $22/mo cash flow from $2,225/mo rent. Total monthly income equals $2,225/mo, and annual cash flow records $269/yr on $120,964 to close. Return on cash invested measures 20.13% and rental yield reads 7.32% at the current $364,900. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,815 by year five. Five-year ROI prints 103.85% and total cumulative return in cash totals $125,616.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,225/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
1,064 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97302, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,440 (100%) |
| Owner Occupied HU | 10,373 (56.3%) |
| Renter Occupied HU | 7,247 (39.3%) |
| Vacant Housing Units | 820 ( 4.4%) |
| Median Home Value | $492,171 |
| Average Home Value | $541,750 |
Residential
17,376
Single Family
15,481
Multi-Family
1,895
Businesses
2,021
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $364,900 |
| 2017-12-22 | Sold | $198,000 |
| 2017-07-05 | Price change | $192,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-11 | $3034.71 | 2.88% | $150,120 | N/A |
| 2022-04-11 | $2949.87 | 2.94% | $150,120 | 3.00% |
| 2021-04-11 | $2865.57 | 3.00% | $145,750 | 6.08% |
Listed by: SHERRY SEBREE • Premiere Property Group, Llc Albany
Mls Name: WVMLS
Mls Provider:
Mls ID: #827241
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
