3102 La Costa Loop, Salem, OR, 97302 | $318/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3102 La Costa Loop, Salem, OR, 97302 | $318/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 3102 La Costa Loop, Salem, OR, 97302 uses $132,567 cash to close to unlock $3,821/yr annual cash flow and $318/mo monthly cash flow. Total monthly income runs $2,732/mo, and a $1,957/mo payment keeps the spread at $318/mo. Purchase price stands at $399,900, and rental yield measures 8.2% with $2,732/mo rent. Return on cash invested shows 22.79% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 118.12% and total cumulative return in cash records $156,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,732/mo property income covering a $1,957/mo payment rather than investor’s personal income.

Single Family

Built in 2003

4,792 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully upgraded 3-bedroom, 2-bath home, thoughtfully reimagined for modern living. The 3rd bedroom has been transformed into a spacious walk-in closet, creating a true master retreat with ample storage and style. The updated kitchen features sleek finishes and contemporary light fixtures. Step outside to enjoy a beautifully landscaped backyard, perfect for relaxing or entertaining. Ideally located near Minto-Brown Park, Courthouse Gym, and highly desirable schools.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97302, Salem, OR area.

Housing Distribution

Housing Statistics

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