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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 $2,400/mo, and a $2,104/mo payment. Purchase price stands at $429,900, and rental yield measures 6.7% with $2,400/mo rent. Return on cash invested shows 17.97% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 92.39% and total cumulative return in cash records $131,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 2024
4,455 sqft lot
$N/A/sqft
$35 monthly HOA
Neighborhood data shown for ZIP Code: 97301, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,878 (100%) |
| Owner Occupied HU | 9,197 (44.1%) |
| Renter Occupied HU | 10,642 (51.0%) |
| Vacant Housing Units | 1,039 ( 5.0%) |
| Median Home Value | $368,479 |
| Average Home Value | $403,096 |
Residential
20,354
Single Family
18,277
Multi-Family
2,077
Businesses
2,690
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Price change | $429,900 |
| 2025-04-01 | Listed for sale | $431,000 |
| 2024-11-25 | Sold | $414,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: TREVOR ELLIOTT • Re/Max Integrity - Salem
Mls Name: WVMLS
Mls Provider:
Mls ID: #827865
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.
