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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 3344 Misty Meadows St NW, Salem, OR, 97304 listed at $488,055 pairs $3,928/mo rent with a $2,389/mo payment to leave $982/mo cash flow. Total monthly income runs $3,928/mo, and annual cash flow reaches $11,782/yr on $161,790 cash to close. Return on cash invested measures 27.19% in year one, and rental yield registers 9.66% at a $488,055 basis. Equity gained on principal adds $3,149/yr, and annual property appreciation at 5% supports $134,841 by year five. Five-year ROI tracks 141.68% and total cumulative return in cash totals $229,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,928/mo property income relative to a $2,389/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97304, Salem, OR area.
| 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 |
Residential
13,298
Single Family
12,487
Multi-Family
811
Businesses
616
Date | Event | Price |
|---|---|---|
| 2025-07-30 | Sold | $488,055 |
| 2025-06-30 | Pending sale | $469,995 |
| 2025-06-17 | Price change | $469,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: HEATHER QUIRKE • D.R. Horton - Inc. Portland
Mls Name: WVMLS
Mls Provider:
Mls ID: #828678
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.
