




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 3268 Felton St S, Salem, OR, 97302 uses $49,725 cash to close to unlock $17,189/yr annual cash flow and $1,432/mo monthly cash flow. Total monthly income runs $2,345/mo, and a $734/mo payment keeps the spread at $1,432/mo. Purchase price stands at $150,000, and rental yield measures 18.76% with $2,345/mo rent. Return on cash invested shows 54.48% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 288.13% and total cumulative return in cash records $143,274. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,345/mo property income covering a $734/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
8,712 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1543.04 | 3.02% | $78,590 | 360.40% |
| 2023-10-25 | $1497.74 | 346.57% | $17,070 | N/A |
| 2022-10-25 | $335.39 | N/A | $17,070 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A