3552-3554 Anchor Ct NE, Salem, OR, 97305 | 6.43% Rental Yield

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3552-3554 Anchor Ct NE, Salem, OR, 97305 | 6.43% Rental Yield | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Salem at 3552-3554 Anchor Ct NE, Salem, OR, 97305 generates $3,478/mo in rent, after a $3,177/mo payment. Total monthly income is $3,478/mo. Return on cash invested sits at 17.59% in year one, and rental yield is 6.43% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 90.18% and total cumulative return in cash sums $192,552. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,478/mo property income rather than buyer’s personal income.

Multi Family

Built in 2016

7,004 sqft lot

$N/A/sqft

No HOA

More details about the property

Built in 2016, this modern duplex offers two 3 bed/2.5 bath units, each 1,211 sq ft. Open-concept layouts feature granite counters, stainless steel appliances, LVT flooring, carpet in bedrooms and private fenced yards. Each side has its own 1-car garage and primary suite w/walk in closet. Perfect for an owner-occupant wanting rental income or an investor seeking a turnkey property. Low-maintenance construction and a convenient location make this a smart buy.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97305, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,206 (100%)
Owner Occupied HU	8,699 (53.7%)
Renter Occupied HU	7,030 (43.4%)
Vacant Housing Units	477 ( 2.9%)
Median Home Value	$391,262
Average Home Value	$416,883