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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 133 Broadmore Ave NW #133B, Salem, OR, 97301 uses $43,062 cash to close to unlock $2,600/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,001/mo, and a $636/mo payment keeps the spread at $217/mo. Purchase price stands at $129,900, and rental yield measures 9.25% with $1,001/mo rent. Return on cash invested shows 25.95% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 135.06% and total cumulative return in cash records $58,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,001/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97301, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,878 (100%) |
| Owner Occupied HU | 9,197 (44.1%) |
| Renter Occupied HU | 10,642 (51.0%) |
| Vacant Housing Units | 1,039 ( 5.0%) |
| Median Home Value | $368,479 |
| Average Home Value | $403,096 |
Residential
20,354
Single Family
18,277
Multi-Family
2,077
Businesses
2,690
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: VIRIDIANA RIVERA • Exp Realty, Llc
Mls Name: WVMLS
Mls ID: #834274
