Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Salem at 5285 Lone Fir Ave SE, Salem, OR, 97306 generates $3,127/mo in rent and, after a $2,202/mo payment, leaves $403/mo in cash flow. Total monthly income is $3,127/mo, and annual cash flow is $4,837/yr on $149,142 invested. Return on cash invested sits at 23.15% in year one, and rental yield is 8.34% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 120.08% and total cumulative return in cash sums $179,086. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,127/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97306, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,384 (100%) |
| Owner Occupied HU | 8,940 (66.8%) |
| Renter Occupied HU | 3,980 (29.7%) |
| Vacant Housing Units | 464 ( 3.5%) |
| Median Home Value | $505,414 |
| Average Home Value | $554,238 |
Residential
13,956
Single Family
13,531
Multi-Family
425
Businesses
207
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $449,900 |
| 2025-02-07 | Sold | $316,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-22 | $4463.15 | 2.88% | $220,780 | N/A |
| 2022-04-22 | $4338.34 | 2.94% | $220,780 | 3.00% |
| 2021-04-22 | $4214.31 | 3.00% | $214,350 | 6.09% |
Listed by: DARRYL BODLE II • Keller Williams Realty Portland Premiere
Mls Name: WVMLS
Mls Provider:
Mls ID: #827864
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.
