4453 Durbin Ave SESalemOR97317
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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
Rental property for sale in Salem at 4453 Durbin Ave SE, Salem, OR, 97317 generates $2,861/mo in rent and, after a $1,855/mo payment, leaves $573/mo in cash flow. Total monthly income is $2,861/mo, and annual cash flow is $6,880/yr on $125,639 invested. Return on cash invested sits at 25.38% in year one, and rental yield is 9.06% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 132.03% and total cumulative return in cash sums $165,875. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,861/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
8,712 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: BARB NORRIS • Redfin
Mls Name: WVMLS
Mls Provider:
Mls ID: #830049
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.