








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 1500 Gabriela Ct NE UNIT 6, Salem, OR, 97301 listed at $105,000 pairs $2,270/mo rent with a $514/mo payment to leave $1,636/mo cash flow. Total monthly income runs $2,270/mo, and annual cash flow reaches $19,633/yr on $34,808 cash to close. Return on cash invested measures 76.31% in year one, and rental yield registers 25.94% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 405.26% and total cumulative return in cash totals $141,062. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,270/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1991
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 |
|---|---|---|
| 2025-08-04 | Sold | $105,000 |
| 2025-07-03 | Contingent | $105,000 |
| 2025-07-03 | Pending sale | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-10-25 | $778.06 | 48.02% | N/A | N/A |
| 2017-10-25 | $525.66 | -12.02% | N/A | N/A |
| 2016-10-25 | $597.50 | 22.91% | N/A | N/A |



Listed by: N/A • Coho Realty
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220203781
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