2435 Connemara Ct SESalemOR97317
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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
Investment Highlights
Investment property for sale in Salem at 2435 Connemara Ct SE, Salem, OR, 97317 listed at $330,000 pairs $2,579/mo rent with a $1,615/mo payment to leave $587/mo cash flow. Total monthly income runs $2,579/mo, and annual cash flow reaches $7,047/yr on $109,395 cash to close. Return on cash invested measures 26.35% in year one, and rental yield registers 9.38% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 137.2% and total cumulative return in cash totals $150,095. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,579/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
3,920 sqft lot
$N/A/sqft
No HOA
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Listed by: ASHLEIGH FORDHAM • Windermere Heritage
Mls Name: WVMLS
Mls Provider:
Mls ID: #831363
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.