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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 6472 Macleay Rd SE, Salem, OR, 97317 priced at $775,000 pairs $2,200/mo rent with after a $3,793/mo payment. Total monthly income equals $2,200/mo. Return on cash invested is 8.4% in year one, and rental yield stands at 3.41% on a $775,000 basis. Equity gained on principal adds $5,001/yr, and 5% annual appreciation accumulates to $214,118 by year five. Five-year ROI measures 40.9% and total cumulative return in cash reaches $104,275. For financing, Ziffy Mortgage’s DSCR program evaluates $2,200/mo property income against a $3,793/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.92 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $775,000 |
| 2008-05-08 | Sold | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-21 | $3685.10 | 3.01% | $252,730 | N/A |
| 2022-04-21 | $3577.36 | 0.93% | $252,730 | 3.00% |
| 2021-04-21 | $3544.50 | 7.34% | $245,370 | 6.08% |
Listed by: ALAINA COZBY • Windermere Heritage
Mls Name: WVMLS
Mls Provider:
Mls ID: #827520
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.
