








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 384 Eagles Wing St NW, Salem, OR, 97304 uses $200,690 cash to close to unlock $1,123/yr annual cash flow and $94/mo monthly cash flow. Total monthly income runs $3,776/mo, and a $2,986/mo payment keeps the spread at $94/mo. Purchase price stands at $610,000, and rental yield measures 7.43% with $3,776/mo rent. Return on cash invested shows 20.62% in year one, and 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 106.42% and total cumulative return in cash records $213,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,776/mo property income covering a $2,986/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97304, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,298 (100%) |
| Owner Occupied HU | 9,012 (63.0%) |
| Renter Occupied HU | 4,744 (33.2%) |
| Vacant Housing Units | 542 ( 3.8%) |
| Median Home Value | $502,291 |
| Average Home Value | $545,006 |
Residential
13,298
Single Family
12,487
Multi-Family
811
Businesses
616
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: SAL DIAZ • Precision Real Estate Marketing
Mls Name: WVMLS
Mls ID: #832781