1706 Juneau St S, Salem, OR, 97302 | 7% Rental Yield

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1706 Juneau St S, Salem, OR, 97302 | 7% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Salem at 1706 Juneau St S, Salem, OR, 97302 listed at $519,000 pairs $3,028/mo rent with a $2,540/mo payment. Total monthly income runs $3,028/mo. Return on cash invested measures 19.33% in year one, and rental yield registers 7% at a $519,000 basis. Equity gained on principal adds $3,349/yr, and annual property appreciation at 5% supports $143,390 by year five. Five-year ROI tracks 99.49% and total cumulative return in cash totals $169,881. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,028/mo property income relative to a $2,540/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1988

8,460 sqft lot

$N/A/sqft

No HOA

More details about the property

Timeless 3-bed, 2-bath single-level gem in a well established South Salem neighborhood. Enjoy spacious, light-filled living with both formal and casual spacesan inviting living room featuring a huge picture window, cozy family room with wood-burning fireplace, and both formal and informal dining areas. Enjoy the peaceful back deck and natural beauty of the private, fenced yard. A classic home with solid bones and great potential! New roof 2023.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97302, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,440 (100%)
Owner Occupied HU	10,373 (56.3%)
Renter Occupied HU	7,247 (39.3%)
Vacant Housing Units	820 ( 4.4%)
Median Home Value	$492,171
Average Home Value	$541,750