4004 Aden Pl NESalemOR97305
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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
Investment Highlights
Investment property for sale in Salem at 4004 Aden Pl NE, Salem, OR, 97305 at $319,900 posts ROI 26.23% with $559/mo cash flow from $2,490/mo rent. Total monthly income equals $2,490/mo, and annual cash flow records $6,705/yr on $106,047 to close. Return on cash invested measures 26.23% and rental yield reads 9.34% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 136.54% and total cumulative return in cash totals $144,800.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,490/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
871.20 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,796
Single Family
14,699
Multi-Family
1,097
Businesses
798
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