4290 Ivory Way NE, Salem, OR, 97305 | 7% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Salem at 4290 Ivory Way NE, Salem, OR, 97305 earns from $2,825/mo rent with a $2,369/mo payment. Total monthly income totals $2,825/mo. ROI tracks 19.19% on current figures, and rental yield reads 7% at a $484,000 purchase. Equity gained on principal adds $3,123/yr, and 5% annual appreciation supports $133,720 over five years. Five-year ROI reaches 98.78% and total cumulative return in cash sums $158,484. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,825/mo property income instead of your personal income.

Single Family

Built in 1965

9,345 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