








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Salem at 4586 46th Ave NE, Salem, OR, 97305 listed at $449,900 pairs $2,798/mo rent with a $2,202/mo payment to leave $82/mo cash flow. Total monthly income runs $2,798/mo, and annual cash flow reaches $988/yr on $149,142 cash to close. Return on cash invested measures 20.57% in year one, and rental yield registers 7.46% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 106.21% and total cumulative return in cash totals $158,398. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,798/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97305, Salem, OR area.
| 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 |
Residential
15,796
Single Family
14,699
Multi-Family
1,097
Businesses
798
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: BEAU CRAIG • Real Broker
Mls Name: WVMLS
Mls ID: #834949