4857 Abraham Ave NESalemOR97301
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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
Rental property for sale in Salem at 4857 Abraham Ave NE, Salem, OR, 97301 priced at $467,995 converts $3,438/mo rent into $578/mo cash flow after a $2,291/mo obligation. Total monthly income equals $3,438/mo, and annual cash flow totals $6,932/yr on $155,140 invested. Return on cash invested prints 24.38% in year one, and rental yield reads 8.82% against a $467,995 entry. Equity gained on principal adds $3,020/yr, while 5% annual appreciation compiles into $129,298 by year five. Five-year ROI reaches 126.7% and total cumulative return in cash sums $196,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,438/mo property income covering a $2,291/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,455 sqft lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97301, Salem, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,354
Single Family
18,277
Multi-Family
2,077
Businesses
2,690
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Listed by: HEATHER QUIRKE • D.R. Horton - Inc. Portland
Mls Name: WVMLS
Mls Provider:
Mls ID: #827565
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.