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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% |
Investment property for sale in Salem at 5723 Karen Lynn Loop S, Salem, OR, 97306 uses $122,821 cash to close to unlock $4,984/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $2,676/mo, and a $1,813/mo payment keeps the spread at $415/mo. Purchase price stands at $370,500, and rental yield measures 8.67% with $2,676/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $102,362 over five years. Five-year ROI reaches 124.52% and total cumulative return in cash records $152,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,676/mo property income covering a $1,813/mo payment rather than investor’s personal income.
Townhouse
Built in N/A
N/A 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 |
|---|---|---|
| 2025-06-02 | Listing removed | $2,050 |
| 2025-05-25 | Listed for rent | $2,050 |
| 2025-05-05 | Listing removed | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $3890.53 | 3.04% | $198,150 | 6.09% |
| 2023-10-10 | $3775.83 | 2.88% | $186,780 | N/A |
| 2022-10-10 | $3670.21 | 2.94% | $186,780 | 3.00% |
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A
