Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1369 34th Ave NW, Salem, OR, 97304 earns $425/mo cash flow from $3,292/mo rent with a $2,325/mo payment. Total monthly income totals $3,292/mo, and annual cash flow totals $5,097/yr on $157,463 capital. ROI tracks 23.15% on current figures, and rental yield reads 8.32% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 119.99% and total cumulative return in cash sums $188,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,292/mo property income instead of your personal income.
Single Family
Built in 1976
10,380 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97304, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,298 (100%) |
| Owner Occupied HU | 9,012 (63.0%) |
| Renter Occupied HU | 4,744 (33.2%) |
| Vacant Housing Units | 542 ( 3.8%) |
| Median Home Value | $502,291 |
| Average Home Value | $545,006 |
Residential
13,298
Single Family
12,487
Multi-Family
811
Businesses
616
Date | Event | Price |
|---|---|---|
| 2025-06-03 | Listed for sale | $475,000 |
| 2023-12-19 | Listing removed | N/A |
| 2023-12-17 | Listed for rent | $2,390 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-05 | $3022.40 | 3.10% | $237,430 | 3.00% |
| 2022-06-05 | $2931.63 | 2.66% | $230,520 | 3.00% |
| 2021-06-05 | $2855.72 | 2.85% | $223,810 | 3.00% |
Listed by: DEWEY WHITTON • The Salem Real Estate Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #829740
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.
