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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 $2,693/mo, and a $2,198/mo payment. Purchase price stands at $449,000, and rental yield measures 7.2% with $2,693/mo rent. Return on cash invested shows 19.77% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 101.89% and total cumulative return in cash records $151,660. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,693/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1962
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97305, Salem, OR area.
| 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 |
Residential
15,796
Single Family
14,699
Multi-Family
1,097
Businesses
798
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: KARINA RAMIREZ • Realty One Group Willamette Valley
Mls Name: WVMLS
Mls ID: #834738
