1447 Connecticut St SE,Salem,OR,97317

Investment Highlights

Investment property for sale in Salem at 1447 Connecticut St SE, Salem, OR, 97317 listed at $415,000 pairs $2,585/mo rent with a $2,031/mo payment to leave $80/mo cash flow. Total monthly income runs $2,585/mo, and annual cash flow reaches $963/yr on $137,573 cash to close. Return on cash invested measures 20.61% in year one, and rental yield registers 7.47% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 106.41% and total cumulative return in cash totals $146,385. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,585/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).