3382 Doughton St SSalemOR97302
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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 3382 Doughton St S, Salem, OR, 97302 earns from $3,136/mo rent with a $3,519/mo payment. Total monthly income totals $3,136/mo. ROI tracks 13.95% on current figures, and rental yield reads 5.23% at a $719,000 purchase. Equity gained on principal adds $4,640/yr, and 5% annual appreciation supports $198,646 over five years. Five-year ROI reaches 70.68% and total cumulative return in cash sums $167,201. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,136/mo property income instead of your personal income.
Single Family
Built in 2024
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97302, Salem, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,376
Single Family
15,481
Multi-Family
1,895
Businesses
2,021
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Nearby investment properties with comparable prices
Listed by: OKSANA FOKSHA • Homestar Brokers
Mls Name: WVMLS
Mls Provider:
Mls ID: #819193
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.