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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% |
Investment property for sale in Salem at 2905 Winter St SE, Salem, OR, 97302 at $449,000 posts ROI 21.33% with $176/mo cash flow from $2,887/mo rent. Total monthly income equals $2,887/mo, and annual cash flow records $2,117/yr on $148,844 to close. Return on cash invested measures 21.33% and rental yield reads 7.72% at the current $449,000. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 by year five. Five-year ROI prints 110.28% and total cumulative return in cash totals $164,152.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,887/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1937
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97302, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,440 (100%) |
| Owner Occupied HU | 10,373 (56.3%) |
| Renter Occupied HU | 7,247 (39.3%) |
| Vacant Housing Units | 820 ( 4.4%) |
| Median Home Value | $492,171 |
| Average Home Value | $541,750 |
Residential
17,376
Single Family
15,481
Multi-Family
1,895
Businesses
2,021
Date | Event | Price |
|---|---|---|
| 2025-04-26 | Price change | $449,000 |
| 2025-04-25 | Price change | $499,000 |
| 2025-04-25 | Listed for sale | $449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-29 | $3486.53 | N/A | $172,470 | N/A |
| 2022-04-29 | N/A | N/A | $172,470 | 3.00% |
| 2021-04-29 | $3292.22 | 3.00% | $167,450 | 6.08% |
Listed by: COLLEEN BENSON • Keller Williams Capital City Benson Broker Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #828172
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.
