








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 4286 Cranston St SE, Salem, OR, 97317 priced at $227,500 converts $1,587/mo rent into $139/mo cash flow after a $1,114/mo obligation. Total monthly income equals $1,587/mo, and annual cash flow totals $1,668/yr on $75,416 invested. Return on cash invested prints 22.12% in year one, and rental yield reads 8.37% against a $227,500 entry. Equity gained on principal adds $1,468/yr, while 5% annual appreciation compiles into $62,854 by year five. Five-year ROI reaches 115.01% and total cumulative return in cash sums $86,738. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,587/mo property income covering a $1,114/mo payment, not borrower’s personal income.
Single Family
Built in 1970
7,841 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $227,500 |
| 2009-11-03 | Listing removed | $175,000 |
| 2009-10-23 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-26 | $3110.26 | 2.88% | $153,860 | N/A |
| 2022-03-26 | $3023.33 | 2.94% | $153,860 | 3.00% |
| 2021-03-26 | $2936.94 | 3.00% | $149,380 | 6.09% |



Listed by: BRUCE KEPFORD • Pro Fiduciary Realty
Mls Name: WVMLS
Mls Provider:
Mls ID: #826751
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.