4973 Wagon Trail 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 4973 Wagon Trail Ct SE, Salem, OR, 97317 offers a 8.94% rental yield on a $377,000 purchase with $2,810/mo rent. Total monthly income registers $2,810/mo, and a $1,845/mo payment leaves $535/mo available for distribution. Annual cash flow reaches $6,415/yr on $124,976 to close, and return on cash invested stands at 25.04% in year one. Equity gained on principal adds $2,433/yr while 5% annual appreciation supports $104,158 over five years. Portfolio math shows five-year ROI at 130.17% and total cumulative return in cash at $162,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,810/mo property income against a $1,845/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
6,300 sqft lot
$N/A/sqft
No HOA
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Listed by: JORDAN MCALLISTER • More Realty
Mls Name: WVMLS
Mls Provider:
Mls ID: #829371
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.