4561 Pullman Ct SE, Salem, OR, 97302 | $265/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4561 Pullman Ct SE, Salem, OR, 97302 | $265/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 4561 Pullman Ct SE, Salem, OR, 97302 generates $2,740/mo in rent and, after a $2,007/mo payment, leaves $265/mo in cash flow. Total monthly income is $2,740/mo, and annual cash flow is $3,179/yr on $135,915 invested. Return on cash invested sits at 22.25% in year one, and rental yield is 8.02% on a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 115.17% and total cumulative return in cash sums $156,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,740/mo property income rather than buyer’s personal income.

Single Family

Built in 1978

7,700 sqft lot

$N/A/sqft

No HOA

More details about the property

Tastefully updated and inviting home in South Salem on a quiet cul-de-sac. As you step inside you'll be greeted with vaulted ceilings, LVP Karistan flooring, newer carpets, and a gas fireplace with a beautiful brick mantle. Kitchen features updated cabinets, countertops w/ butcher block accent, and newer appliances. Large primary bedroom with dual closets and updated bathrooms highlighting custom Italian sinks. An expansive back deck overlooking the vast, full fenced backyard. Walking distance to schools!

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