3756 Lynette Ct NE, Salem, OR, 97305 | $73/mo Cash Flow

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3756 Lynette Ct NE, Salem, OR, 97305 | $73/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Salem at 3756 Lynette Ct NE, Salem, OR, 97305 offers a 7.41% rental yield on a $524,000 purchase with $3,236/mo rent. Total monthly income registers $3,236/mo, and a $2,565/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $873/yr on $172,396 to close, and return on cash invested stands at 20.57% in year one. Equity gained on principal adds $3,381/yr while 5% annual appreciation supports $144,772 over five years. Portfolio math shows five-year ROI at 106.13% and total cumulative return in cash at $182,959. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,236/mo property income against a $2,565/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1975

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

What a beautiful well taken care of home. This 4 bed / 2.5 bath has all new interior paint and freshly cleaned carpet. A large entertainers kitchen welcomes you with granite counters and a fabulous built in hutch. The large living room with lovely fireplace keeps it cozy in the fall. Enjoy family BBQ's in your huge backyard with the most charming gazebo, fruit trees and large garden area. There is also a wonderful greenhouse for getting your flowers ready for next spring. A true move in ready delight.

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