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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% |
Investment property for sale in Salem at 4655 Janice Ave NE, Salem, OR, 97305 uses $152,490 cash to close to unlock $4,006/yr annual cash flow and $334/mo monthly cash flow. Total monthly income runs $3,110/mo, and a $2,251/mo payment keeps the spread at $334/mo. Purchase price stands at $460,000, and rental yield measures 8.11% with $3,110/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 116.73% and total cumulative return in cash records $177,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,110/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.27 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: HEIDI LITCHFIELD • Homestar Brokers
Mls Name: WVMLS
Mls ID: #834497
