1831 Cousteau Loop SE, Salem, OR, 97302 | $379/mo Cash Flow

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1831 Cousteau Loop SE, Salem, OR, 97302 | $379/mo Cash Flow | Ziffy

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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 1831 Cousteau Loop SE, Salem, OR, 97302 earns $379/mo cash flow from $2,280/mo rent with a $1,541/mo payment. Total monthly income totals $2,280/mo, and annual cash flow totals $4,554/yr on $104,389 capital. ROI tracks 24.27% on current figures, and rental yield reads 8.69% at a $314,900 purchase. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 over five years. Five-year ROI reaches 126.05% and total cumulative return in cash sums $131,578. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.

Single Family

Built in 2021

1,742 sqft lot

$N/A/sqft

No HOA

More details about the property

Modern and small but mighty with so many amenities! Enjoy the quiet & park-like setting yet vibrant Pringle Creek Community. Efficiency is at focus with 9-11' ceilings, abundant natural light, quartz counters, laminate & vinyl floors and open concept. The community offers use of 2 greenhouses w/a master gardener, chicken coop, outdoor activity spaces & Painters Hall Center w/ various events scheduled. The community coffee shop & restaurant are located conveniently nearby. So much to offer & ADA accessible.

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