4716 Appaloosa Ct SESalemOR97317
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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
Investment Highlights
Investment property for sale in Salem at 4716 Appaloosa Ct SE, Salem, OR, 97317 uses $115,992 cash to close to unlock $6,114/yr annual cash flow and $510/mo monthly cash flow. Total monthly income runs $2,622/mo, and a $1,713/mo payment keeps the spread at $510/mo. Purchase price stands at $349,900, and rental yield measures 8.99% with $2,622/mo rent. Return on cash invested shows 25.18% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 130.93% and total cumulative return in cash records $151,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,622/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1971
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: JASON GILES SR. • Exp Realty, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #827280
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.