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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 6055 Bethel Heights Rd NW, Salem, OR, 97304 priced at $1,399,900 pairs $3,060/mo rent with after a $6,852/mo payment. Total monthly income equals $3,060/mo. Return on cash invested is 6.11% in year one, and rental yield stands at 2.62% on a $1,399,900 basis. Equity gained on principal adds $9,033/yr, and 5% annual appreciation accumulates to $386,767 by year five. Five-year ROI measures 28.53% and total cumulative return in cash reaches $129,420. For financing, Ziffy Mortgage’s DSCR program evaluates $3,060/mo property income against a $6,852/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
20.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97304, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,298 (100%) |
| Owner Occupied HU | 9,012 (63.0%) |
| Renter Occupied HU | 4,744 (33.2%) |
| Vacant Housing Units | 542 ( 3.8%) |
| Median Home Value | $502,291 |
| Average Home Value | $545,006 |
Residential
13,298
Single Family
12,487
Multi-Family
811
Businesses
616
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amy Garvin • Cascade Hasson Sotheby's International Realty
Mls Name: RMLS (OR)
Mls ID: #252322221
