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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% |
Total monthly income runs $3,655/mo, and a $3,171/mo payment. Purchase price stands at $647,800, and rental yield measures 6.77% with $3,655/mo rent. Return on cash invested shows 18.5% in year one, and 5% annual appreciation builds toward $178,975 over five years. Five-year ROI reaches 95.08% and total cumulative return in cash records $202,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,655/mo property income covering a $3,171/mo payment rather than investor’s personal income.
Single Family
Built in 1996
6,969 Acres 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 |
|---|---|---|
| 2025-07-18 | Listing removed | $650,000 |
| 2025-07-12 | Price change | $650,000 |
| 2025-06-30 | Price change | $670,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $6545.09 | 3.04% | $333,350 | 6.08% |
| 2023-10-16 | $6352.25 | 2.88% | $314,230 | N/A |
| 2022-10-16 | $6174.62 | 2.94% | $314,230 | 3.00% |
Listed by: N/A • N/A
Mls Name: HomeSmart
Mls Provider:
Mls ID: #829394
