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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 1267 E Pershing St, Salem, OH, 44460 earns $237/mo cash flow from $960/mo rent with a $538/mo payment. Total monthly income totals $960/mo, and annual cash flow totals $2,842/yr on $36,465 capital. ROI tracks 27.7% on current figures, and rental yield reads 10.47% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 145.16% and total cumulative return in cash sums $52,932. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.
Single Family
Built in 1927
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44460, Salem, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,679 (100%) |
| Owner Occupied HU | 7,942 (68.0%) |
| Renter Occupied HU | 2,763 (23.7%) |
| Vacant Housing Units | 974 ( 8.3%) |
| Median Home Value | $189,306 |
| Average Home Value | $248,463 |
Residential
11,077
Single Family
10,660
Multi-Family
417
Businesses
840
Date | Event | Price |
|---|---|---|
| 2025-06-06 | Listed for sale | $110,000 |
| 2025-05-23 | Listing removed | $110,000 |
| 2025-04-30 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-08 | $579.32 | 7.86% | $14,360 | N/A |
| 2022-06-08 | $537.08 | 14.74% | $14,360 | 22.42% |
| 2021-06-08 | $468.08 | -0.83% | $11,730 | N/A |
Listed by: Bobbi Seguin • Berkshire Hathaway HomeServices Stouffer Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5118793
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.
