405 Fir Knoll Ln NESalemOR97317
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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 405 Fir Knoll Ln NE, Salem, OR, 97317 listed at $749,900 pairs $3,424/mo rent with a $3,670/mo payment. Total monthly income runs $3,424/mo. Return on cash invested measures 14.7% in year one, and rental yield registers 5.48% at a $749,900 basis. Equity gained on principal adds $4,839/yr, and annual property appreciation at 5% supports $207,184 by year five. Five-year ROI tracks 74.66% and total cumulative return in cash totals $184,210. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,424/mo property income relative to a $3,670/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
0.93 Acres lot
$N/A/sqft
No HOA
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Listed by: HOLLY ECKLES • Smi Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #829628
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.