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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 3635 Lachs Ct S, Salem, OR, 97302 at $499,000 posts ROI 20.53% with $85/mo cash flow from $3,097/mo rent. Total monthly income equals $3,097/mo, and annual cash flow records $1,024/yr on $165,419 to close. Return on cash invested measures 20.53% and rental yield reads 7.45% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 105.97% and total cumulative return in cash totals $175,302.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,097/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97302, Salem, OR area.
| 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 |
Residential
17,376
Single Family
15,481
Multi-Family
1,895
Businesses
2,021
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: RHONDA MARSHALL • Knipe Realty Era Powered
Mls Name: WVMLS
Mls ID: #835546
