4454 York Ave 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
Investment property for sale in Salem at 4454 York Ave NE, Salem, OR, 97305 uses $82,842 cash to close to unlock $10,556/yr annual cash flow and $880/mo monthly cash flow. Total monthly income runs $2,388/mo, and a $1,223/mo payment keeps the spread at $880/mo. Purchase price stands at $249,900, and rental yield measures 11.47% with $2,388/mo rent. Return on cash invested shows 32.65% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 170.99% and total cumulative return in cash records $141,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,388/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1981
7,405 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 |
Housing Distribution
Address Breakdown
Residential
15,796
Single Family
14,699
Multi-Family
1,097
Businesses
798
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