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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $4,130/mo, and a $7,586/mo payment. Purchase price stands at $1,550,000, and rental yield measures 3.2% with $4,130/mo rent. Return on cash invested shows 7.88% in year one, and 5% annual appreciation builds toward $428,236 over five years. Five-year ROI reaches 38.05% and total cumulative return in cash records $191,101. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,130/mo property income covering a $7,586/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97304, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,298 (100%) |
| Owner Occupied HU | 9,012 (63.0%) |
| Renter Occupied HU | 4,744 (33.2%) |
| Vacant Housing Units | 542 ( 3.8%) |
| Median Home Value | $502,291 |
| Average Home Value | $545,006 |
Residential
13,298
Single Family
12,487
Multi-Family
811
Businesses
616
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $1,550,000 |
| 2009-08-17 | Listing removed | $445,900 |
| 2009-07-11 | Listed for sale | $445,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-28 | $3410.77 | 3.65% | $298,940 | 3.00% |
| 2022-06-28 | $3290.68 | 3.32% | $290,240 | 3.00% |
| 2021-06-28 | $3185.09 | 2.89% | $281,790 | 3.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
