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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 $4,139/mo, and a $3,940/mo payment. Purchase price stands at $805,000, and rental yield measures 6.17% with $4,139/mo rent. Return on cash invested shows 16.8% in year one, and 5% annual appreciation builds toward $222,407 over five years. Five-year ROI reaches 85.92% and total cumulative return in cash records $227,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,139/mo property income covering a $3,940/mo payment rather than investor’s personal income.
Home Type Unknown
Built in 1966
1.17 Acres 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 |
|---|---|---|
| 2025-06-03 | Sold | $805,000 |
| 2025-05-10 | Contingent | $798,000 |
| 2025-05-06 | Listed for sale | $798,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $6632.17 | 5.03% | $388,940 | 6.09% |
| 2023-10-17 | $6314.45 | 3.00% | $366,630 | N/A |
| 2022-10-17 | $6130.79 | 3.24% | $366,630 | 3.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
