541 Inverness Dr SESalemOR97306
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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 541 Inverness Dr SE, Salem, OR, 97306 priced at $424,900 converts $2,878/mo rent into $313/mo cash flow after a $2,080/mo obligation. Total monthly income equals $2,878/mo, and annual cash flow totals $3,755/yr on $140,854 invested. Return on cash invested prints 22.57% in year one, and rental yield reads 8.13% against a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,392 by year five. Five-year ROI reaches 116.94% and total cumulative return in cash sums $164,709. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,878/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Townhouse
Built in 1998
4,026 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97306, Salem, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,956
Single Family
13,531
Multi-Family
425
Businesses
207
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