4405 Hazelgreen Rd NESalemOR97305
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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
Total monthly income runs $1,946/mo, and a $1,708/mo payment. Purchase price stands at $349,000, and rental yield measures 6.69% with $1,946/mo rent. Return on cash invested shows 18.24% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 93.73% and total cumulative return in cash records $108,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,946/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.28 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $349,000 |
| 2021-10-22 | Sold | $100,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-17 | $1336.03 | 3.00% | $86,960 | N/A |
| 2022-04-17 | $1297.10 | 1.03% | $86,960 | 3.00% |
| 2021-04-17 | $1283.88 | 7.11% | $84,430 | 6.07% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1946
- Architectural Style: N/A
- Building Area: 686
- Living Area: 686 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Ductless/Mini-Split
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: No Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: Clear Lake
- Middle School: Whiteaker
- High School: McNary
Listed by: ISTVAN GAL • Re/Max Integrity - Salem
Mls Name: WVMLS
Mls Provider:
Mls ID: #827695
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.