1906 Red Fox Ln SE, Salem, OR, 97306 | $134/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1906 Red Fox Ln SE, Salem, OR, 97306 | $134/mo Cash Flow | 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 1906 Red Fox Ln SE, Salem, OR, 97306 uses $152,490 cash to close to unlock $1,606/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $2,910/mo, and a $2,251/mo payment keeps the spread at $134/mo. Purchase price stands at $460,000, and rental yield measures 7.59% with $2,910/mo rent. Return on cash invested shows 20.96% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 108.28% and total cumulative return in cash records $165,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,910/mo property income covering a $2,251/mo payment rather than investor’s personal income.

Single Family

Built in 1990

6,970 sqft lot

$N/A/sqft

No HOA

More details about the property

This single-level, three bed, two bath home sits on a professionally landscaped corner lot with a low-maintenance, private back yard. Enjoy granite countertops and stainless steel appliances in the open kitchen, and walk out to your large covered deck for year round outdoor living. All new since November of 2023: garage door, living room window, dish washer, oven, gas furnace, and front door. This home is a dream come true! Current owner completed the following updates:Garage Door (Overhead Door) 11/2023Living room window 11/3/23Dishwasher 11/2023Oven 11/23/2395% efficient Coleman gas furnace 11/2024HVAC ducts cleaned before move-in 10/2023Suncast 6 x 5 Modern Shed - 3/29/24Front door July 2025Side fence on Red Fox side

Neighborhood Data

Neighborhood data shown for ZIP Code: 97306, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,384 (100%)
Owner Occupied HU	8,940 (66.8%)
Renter Occupied HU	3,980 (29.7%)
Vacant Housing Units	464 ( 3.5%)
Median Home Value	$505,414
Average Home Value	$554,238