3043 Winslow Way NW, Salem, OR, 97304 | $59/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3043 Winslow Way NW, Salem, OR, 97304 | $59/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
3 Bath
1163 sft

1883 SE Mulberry Ave, Dallas, OR, 97338

3 Bed
1 Bath
1282 sft

1926 SE Holman Ave, Dallas, OR, 97338

3 Bed
4 Bath
1855 sft

9850 Burch Grove Ln, Rickreall, OR, 97371

3 Bed
1 Bath
1082 sft

1589 SW Ellis St, Dallas, OR, 97338

Nearby investment properties with comparable prices

3 Bed
2 Bath
1330 sft

705 F St, Independence, OR, 97351

3 Bed
2 Bath
1458 sft

1075 SW Fairview Ave, Dallas, OR, 97338

3 Bed
2 Bath
1345 sft

89 S Gun Club Rd, Independence, OR, 97351

3 Bed
1 Bath
1202 sft

236 SW River Dr, Dallas, OR, 97338

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Salem at 3043 Winslow Way NW, Salem, OR, 97304 earns $59/mo cash flow from $2,383/mo rent with a $1,884/mo payment. Total monthly income totals $2,383/mo, and annual cash flow totals $714/yr on $127,628 capital. ROI tracks 20.47% on current figures, and rental yield reads 7.43% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 105.65% and total cumulative return in cash sums $134,842. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,383/mo property income instead of your personal income.

Single Family

Built in 1969

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

In Salemtowne, this 2 bed/2 bath home offers 1413sf with room for all lifestyles. In the heart of the home, the living room features walls of flexible shelving, wood fireplace, skylights, and more. Additionally, the bedrooms brim with storage, the baths are updated, the kitchen with modern amenities and utility, and the sunroom overlooks the private backyard. Additionally, this well maintained gem with purposeful improvements has a 2 car garage, full fencing, a patio, ADT, and large utility room, and more!

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