341 Cornerstone Ct NE, Salem, OR, 97301 | $78/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

341 Cornerstone Ct NE, Salem, OR, 97301 | $78/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
832 sft

2065 University St SE, Salem, OR, 97302

2 Bed
1 Bath
612 sft

890 25th St SE, Salem, OR, 97301

1 Bed
2 Bath
546 sft

3973 Cousteau Dr, Salem, OR, 97302

2 Bed
2 Bath
1440 sft

2120 Robins Ln SE UNIT 93A, Salem, OR, 97306

Nearby investment properties with comparable prices

3 Bed
4 Bath
1628 sft

1478 Madelyn Ave SE, Salem, OR, 97306

1 Bed
2 Bath
546 sft

3937 Cousteau Dr, Salem, OR, 97302

2 Bed
1 Bath
802 sft

1560 Cottage St SE, Salem, OR, 97302

2 Bed
1 Bath
911 sft

867 SW Birch St, Dallas, OR, 97338

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Salem at 341 Cornerstone Ct NE, Salem, OR, 97301 at $315,000 posts ROI 20.81% with $78/mo cash flow from $1,980/mo rent. Total monthly income equals $1,980/mo, and annual cash flow records $940/yr on $104,423 to close. Return on cash invested measures 20.81% and rental yield reads 7.54% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 107.49% and total cumulative return in cash totals $112,241.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,980/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Manufactured

Built in 2008

4,792 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to easy living! This move-in ready, single-level home sits on a quiet cul-de-sac with a brand new roof and offers a comfortable, low-maintenance lifestyle on land you own. Inside, the great room layout with vaulted ceilings creates an open and airy feel, blending the living, dining, and kitchen areas seamlessly. The kitchen features classic oak cabinets with plenty of storage, and all appliancesincluding a brand new washer and dryerare included. The home offers two bedrooms and two full bathrooms. The spacious primary suite includes an attached ensuite with a walk-in shower for added convenience. Fresh new carpet throughout adds warmth and makes the home feel move-in ready. Outside, a fully fenced yard provides space for gardening, pets, or relaxation. An attached single car garage offers secure parking and extra storage. With its updated features and easy-care yard, this home is designed for comfort and simplicity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97301, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,878 (100%)
Owner Occupied HU	9,197 (44.1%)
Renter Occupied HU	10,642 (51.0%)
Vacant Housing Units	1,039 ( 5.0%)
Median Home Value	$368,479
Average Home Value	$403,096