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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Salem at 4125 Clarissa Ln S, Salem, OR, 97302 priced at $1,050,000 converts $4,697/mo rent into after a $5,139/mo obligation. Total monthly income equals $4,697/mo. Return on cash invested prints 14.58% in year one, and rental yield reads 5.37% against a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation compiles into $290,096 by year five. Five-year ROI reaches 73.98% and total cumulative return in cash sums $251,693. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,697/mo property income covering a $5,139/mo payment, not borrower’s personal income.
Single Family
Built in 2012
N/A 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 |
|---|---|---|
| 2025-06-11 | Sold | $1,050,000 |
| 2025-05-12 | Pending sale | $1,100,000 |
| 2025-05-12 | Contingent | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $6242.15 | 2.46% | $491,850 | 6.09% |
| 2023-10-14 | $6092.28 | 2.53% | $463,630 | N/A |
| 2022-10-14 | $5941.78 | 2.66% | $463,630 | 3.00% |
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #828415
