1476 Trout Ct SESalemOR97317
Nearby investment properties with comparable rents
- 3 Bed
- 2 Bath
- 1653 sft
- 3 Bed
- 2 Bath
- 1800 sft
Nearby investment properties with comparable prices
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 1476 Trout Ct SE, Salem, OR, 97317 priced at $425,000 pairs $2,666/mo rent with $101/mo cash flow after a $2,080/mo payment. Total monthly income equals $2,666/mo, and annual cash flow comes to $1,209/yr on $140,888 invested. Return on cash invested is 20.77% in year one, and rental yield stands at 7.53% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 107.24% and total cumulative return in cash reaches $151,085. For financing, Ziffy Mortgage’s DSCR program evaluates $2,666/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
8,712 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
- 3 Bed
- 2 Bath
- 1653 sft
- 3 Bed
- 2 Bath
- 1800 sft
Nearby investment properties with comparable prices
Listed by: ERIN SHAW • Homestar Brokers
Mls Name: WVMLS
Mls Provider:
Mls ID: #826530
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.