4395 Bren Loop NE #58SalemOR97305
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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
Investment Highlights
Investment property for sale in Salem at 4395 Bren Loop NE #58, Salem, OR, 97305 uses $41,272 cash to close to unlock $17,266/yr annual cash flow and $1,439/mo monthly cash flow. Total monthly income runs $2,190/mo, and a $609/mo payment keeps the spread at $1,439/mo. Purchase price stands at $124,500, and rental yield measures 21.11% with $2,190/mo rent. Return on cash invested shows 61.74% in year one, and 5% annual appreciation builds toward $34,397 over five years. Five-year ROI reaches 326.99% and total cumulative return in cash records $134,956. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,190/mo property income covering a $609/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
N/A 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 |
Housing Distribution
Address Breakdown
Residential
15,796
Single Family
14,699
Multi-Family
1,097
Businesses
798
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Listed by: REBECCA YU • Re/Max Integrity Corvallis Branch
Mls Name: WVMLS
Mls Provider:
Mls ID: #828475
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.