2831 Brush College Rd W, Salem, OR, 97304 | $5/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2831 Brush College Rd W, Salem, OR, 97304 | $5/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 2831 Brush College Rd W, Salem, OR, 97304 offers a 7.25% rental yield on a $650,000 purchase with $3,928/mo rent. Total monthly income registers $3,928/mo, and a $3,181/mo payment leaves $5/mo available for distribution. Annual cash flow reaches $59/yr on $213,850 to close, and return on cash invested stands at 20.09% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 103.55% and total cumulative return in cash at $221,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,928/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1967

1.03 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover the possibilities with this solid home set on 1.03 acres of lush, landscaped grounds. Enjoy the many fruit trees and berry bushes. This home boasts large sized rooms filled with natural light, thanks to large windows and skylights. The covered deck has a peaceful view of the surrounding trees and hills. Both the living and family rooms feature large fireplaces, perfect for relaxing and ambiance. The lower level offers flexibility--add more rooms, and second kitchen for Dual-living! A rare find! Two out-buildings are not included with this property. Two built-in desks, one in the kitchen area and one in Bedroom 2. There is abundant storage, please note the large utility room and bonus rooms. Room for a shop!

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