








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 1884 Cousteau Loop, Salem, OR, 97302 with 5% annual appreciation on a $525,000 basis while $4,151/mo rent supports operations. Total monthly income totals $4,151/mo and a $2,570/mo payment preserves $769/mo for cash returns. Annual cash flow comes to $9,226/yr on $172,725 deployed, and return on cash invested reaches 25.4% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 9.49%. Five-year ROI measures 132.59% and total cumulative return in cash totals $229,017.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,151/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
3,484 sqft lot
$N/A/sqft
$180 monthly HOA
Neighborhood data shown for ZIP Code: 97302, Salem, OR area.
| 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 |
Residential
17,376
Single Family
15,481
Multi-Family
1,895
Businesses
2,021
Date | Event | Price |
|---|---|---|
| 2025-05-19 | Price change | $525,000 |
| 2025-04-10 | Price change | $550,000 |
| 2025-03-03 | Listed for sale | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-29 | $5485.72 | 174.16% | $101,830 | N/A |
| 2022-06-29 | $2000.94 | 68.64% | $101,830 | 68.73% |
| 2021-06-29 | $1186.55 | 2.99% | $60,350 | 6.06% |



Listed by: Tara Gault • Keller Williams Realty Portland Premiere
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #416661959
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-06-29 11:06:19 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.