








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 3702-3706 47th Ave NE, Salem, OR, 97305 earns from $3,478/mo rent with a $2,863/mo payment. Total monthly income totals $3,478/mo. ROI tracks 19.73% on current figures, and rental yield reads 7.13% at a $585,000 purchase. Equity gained on principal adds $3,775/yr, and 5% annual appreciation supports $161,625 over five years. Five-year ROI reaches 101.67% and total cumulative return in cash sums $195,678. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,478/mo property income instead of your personal income.
Multi Family
Built in 1988
10,488 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97305, Salem, OR area.
| 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 |
Residential
15,796
Single Family
14,699
Multi-Family
1,097
Businesses
798
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: EKAETTE UDOSENATA-HARRUNA • Excel Real Estate
Mls Name: WVMLS
Mls ID: #832150