33815 Salmon River HwyGrand RondeOR97347
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 33815 Salmon River Hwy, Grand Ronde, OR, 97347 in Grand Ronde at $564,900. Rental yield 6.93%. The 6.93% yield and 1.29 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $156,071 by year five, and $5,203/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $204,494.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.2% |
| Monthly Cash Flow | $(146) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,264 |
| Total Monthly Debt Service | $3,185 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1974
4.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97347, Grand Ronde, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 979 (100%) |
| Owner Occupied HU | 621 (63.4%) |
| Renter Occupied HU | 274 (28.0%) |
| Vacant Housing Units | 84 ( 8.6%) |
| Median Home Value | $431,383 |
| Average Home Value | $433,611 |
Housing Distribution
Address Breakdown
Residential
618
Single Family
613
Multi-Family
5
Businesses
41
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
Single Family
Built in 1974
4.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97347, Grand Ronde, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 979 (100%) |
| Owner Occupied HU | 621 (63.4%) |
| Renter Occupied HU | 274 (28.0%) |
| Vacant Housing Units | 84 ( 8.6%) |
| Median Home Value | $431,383 |
| Average Home Value | $433,611 |
Housing Distribution
Address Breakdown
Residential
618
Single Family
613
Multi-Family
5
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ERIC WELLARD and BRIAN BEMIS • Re/Max Integrity - Salem
Mls Name: WVMLS
Mls Provider:
Mls ID: #826798
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.