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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% |
Total monthly income runs $2,672/mo, and a $2,198/mo payment. Purchase price stands at $449,000, and rental yield measures 7.14% with $2,672/mo rent. Return on cash invested shows 19.6% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 100.98% and total cumulative return in cash records $150,304. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,672/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1978
7,575 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97303, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,236 (100%) |
| Owner Occupied HU | 9,734 (60.0%) |
| Renter Occupied HU | 5,949 (36.6%) |
| Vacant Housing Units | 553 ( 3.4%) |
| Median Home Value | $462,729 |
| Average Home Value | $497,204 |
Residential
16,041
Single Family
15,026
Multi-Family
1,015
Businesses
922
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: JULIE DIAZ • Works Real Estate
Mls Name: WVMLS
Mls ID: #834036
