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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% |
Rental property for sale in Salem at 5422 Portland Rd NE UNIT 44, Salem, OR, 97305 generates $2,018/mo in rent and, after a $710/mo payment, leaves $1,142/mo in cash flow. Total monthly income is $2,018/mo, and annual cash flow is $13,710/yr on $48,068 invested. Return on cash invested sits at 48.43% in year one, and rental yield is 16.7% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 255.66% and total cumulative return in cash sums $122,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,018/mo property income rather than buyer’s personal income.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97305, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,206 (100%) |
| Owner Occupied HU | 8,699 (53.7%) |
| Renter Occupied HU | 7,030 (43.4%) |
| Vacant Housing Units | 477 ( 2.9%) |
| Median Home Value | $391,262 |
| Average Home Value | $416,883 |
Residential
15,796
Single Family
14,699
Multi-Family
1,097
Businesses
798
Date | Event | Price |
|---|---|---|
| 2024-06-06 | Price change | $145,000 |
| 2024-05-01 | Listed for sale | $158,000 |
| 2023-09-21 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-10-18 | $548.88 | -46.60% | N/A | N/A |
| 2017-10-18 | $1027.89 | 296.35% | N/A | N/A |
| 2016-10-18 | $259.34 | N/A | N/A | N/A |
Listed by: RAUL MARQUEZ GUERRERO • Exp Realty, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #816266
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.
