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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $3,438/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 6.89% with $3,438/mo rent. Return on cash invested shows 18.98% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 97.63% and total cumulative return in cash records $192,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,438/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Multi Family
Built in 2015
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97301, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,878 (100%) |
| Owner Occupied HU | 9,197 (44.1%) |
| Renter Occupied HU | 10,642 (51.0%) |
| Vacant Housing Units | 1,039 ( 5.0%) |
| Median Home Value | $368,479 |
| Average Home Value | $403,096 |
Residential
20,354
Single Family
18,277
Multi-Family
2,077
Businesses
2,690
Date | Event | Price |
|---|---|---|
| 2025-04-28 | Listed for sale | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: SHAWNTEL BROWN • Coldwell Banker Bain
Mls Name: WVMLS
Mls Provider:
Mls ID: #828236
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.
