Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 3706 7th Ct S, Salem, OR, 97302 earns from $2,593/mo rent with a $3,108/mo payment. Total monthly income totals $2,593/mo. ROI tracks 12.94% on current figures, and rental yield reads 4.9% at a $635,000 purchase. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,439 over five years. Five-year ROI reaches 65.25% and total cumulative return in cash sums $136,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,593/mo property income instead of your personal income.
Single Family
Built in 1952
0.44 Acres 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 |
|---|---|---|
| 2025-05-23 | Listed for sale | $635,000 |
| 2019-05-10 | Sold | $2,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-28 | $5167.53 | 2.88% | $255,630 | N/A |
| 2022-05-28 | $5023.08 | 2.94% | $255,630 | 3.00% |
| 2021-05-28 | $4879.63 | 3.00% | $248,190 | 6.08% |
Listed by: GREG and JUDY GYSIN • Premiere Property Group, Llc - South Salem
Mls Name: WVMLS
Mls Provider:
Mls ID: #829146
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.
