3232 Sandal Ct NESalemOR97305
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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
Investment Highlights
Investment property for sale in Salem at 3232 Sandal Ct NE, Salem, OR, 97305 listed at $237,500 pairs $1,760/mo rent with a $1,162/mo payment to leave $267/mo cash flow. Total monthly income runs $1,760/mo, and annual cash flow reaches $3,202/yr on $78,731 cash to close. Return on cash invested measures 23.98% in year one, and rental yield registers 8.89% at a $237,500 basis. Equity gained on principal adds $1,533/yr, and annual property appreciation at 5% supports $65,617 by year five. Five-year ROI tracks 124.78% and total cumulative return in cash totals $98,241. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,760/mo property income relative to a $1,162/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1977
5,227 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97305, Salem, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,206 (100%) |
| Owner Occupied HU | 8,699 (53.7%) |
| Renter Occupied HU | 7,030 (43.4%) |
| Vacant Housing Units | 477 ( 2.9%) |
| Median Home Value | $391,262 |
| Average Home Value | $416,883 |
Housing Distribution
Address Breakdown
Residential
15,796
Single Family
14,699
Multi-Family
1,097
Businesses
798
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Listed by: CRYSTAL QIAN HU • Exp Realty, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #828349
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.