4552 Kurth St S, Salem, OR, 97302 | $472/mo Cash Flow

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4552 Kurth St S, Salem, OR, 97302 | $472/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Salem at 4552 Kurth St S, Salem, OR, 97302 generates $3,035/mo in rent and, after a $2,078/mo payment, leaves $472/mo in cash flow. Total monthly income is $3,035/mo, and annual cash flow is $5,668/yr on $140,722 invested. Return on cash invested sits at 23.94% in year one, and rental yield is 8.58% on a $424,500 entry. Equity gained on principal adds $2,739/yr, while 5% annual appreciation builds toward $117,282 over five years. Five-year ROI reaches 124.26% and total cumulative return in cash sums $174,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,035/mo property income rather than buyer’s personal income.

Single Family

Built in 1978

6,390 sqft lot

$N/A/sqft

No HOA

More details about the property

Well maintained and charming single-level home located on a quiet dead-end street. The welcoming entry leads living room, dining room and a spacious family room with built-ins and cozy gas fireplace. Recent updates include windows, roof, fence and just installed wood deck for outdoor enjoyment. Raised beds and established landscaping too. Schirle Elementary and close to Sunnyslope shopping. Home warranty too!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97302, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,440 (100%)
Owner Occupied HU	10,373 (56.3%)
Renter Occupied HU	7,247 (39.3%)
Vacant Housing Units	820 ( 4.4%)
Median Home Value	$492,171
Average Home Value	$541,750