3320 Misty Meadows St NWSalemOR97304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3320 Misty Meadows St NW, Salem, OR, 97304 at $531,995 posts ROI 24.97% with $717/mo cash flow from $3,928/mo rent. Total monthly income equals $3,928/mo, and annual cash flow records $8,600/yr on $175,026 to close. Return on cash invested measures 24.97% and rental yield reads 8.86% at the current $531,995. Equity gained on principal adds $3,433/yr, and 5% annual appreciation supports $146,980 by year five. Five-year ROI prints 129.76% and total cumulative return in cash totals $227,121.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,928/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
5,000 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
13,298
Single Family
12,487
Multi-Family
811
Businesses
616
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Nearby investment properties with comparable prices
Listed by: HEATHER QUIRKE • D.R. Horton - Inc. Portland
Mls Name: WVMLS
Mls Provider:
Mls ID: #827215
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.