1323 Alpine Lakes St SESalemOR97317
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Salem at 1323 Alpine Lakes St SE, Salem, OR, 97317 priced at $443,000 converts $3,521/mo rent into $791/mo cash flow after a $2,168/mo obligation. Total monthly income equals $3,521/mo, and annual cash flow totals $9,498/yr on $146,855 invested. Return on cash invested prints 26.38% in year one, and rental yield reads 9.54% against a $443,000 entry. Equity gained on principal adds $2,859/yr, while 5% annual appreciation compiles into $122,393 by year five. Five-year ROI reaches 137.49% and total cumulative return in cash sums $201,916. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,521/mo property income covering a $2,168/mo payment, not borrower’s personal income.
Single Family
Built in 2007
5,202 sqft lot
$N/A/sqft
No HOA
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Listed by: VERONIKA KUCHER • Realty One Group Willamette Valley
Mls Name: WVMLS
Mls Provider:
Mls ID: #821563
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.