2803 Golden Eagle Ct NW, Salem, OR, 97304 | $652/mo Cash Flow

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2803 Golden Eagle Ct NW, Salem, OR, 97304 | $652/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 2803 Golden Eagle Ct NW, Salem, OR, 97304 offers a 8.82% rental yield on a $495,000 purchase with $3,640/mo rent. Total monthly income registers $3,640/mo, and a $2,423/mo payment leaves $652/mo available for distribution. Annual cash flow reaches $7,822/yr on $164,093 to close, and return on cash invested stands at 24.68% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 128.19% and total cumulative return in cash at $210,358. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,640/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2016

6,511 sqft lot

$N/A/sqft

No HOA

More details about the property

Well-maintained 4BR, 2.5BA home blends modern style with everyday comfort. Open-concept great room flows into a sleek kitchen with granite counters and stainless steel appliances. Dining area opens to a deck area. Upstairs features four spacious bedrooms with large windows and natural light. Primary suite includes two closets. Move-in ready with thoughtful design and inviting spaces throughout.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97304, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,298 (100%)
Owner Occupied HU	9,012 (63.0%)
Renter Occupied HU	4,744 (33.2%)
Vacant Housing Units	542 ( 3.8%)
Median Home Value	$502,291
Average Home Value	$545,006