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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 738 Oscar Ln SE, Salem, OR, 97317 uses $125,241 cash to close to unlock $2,444/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $2,484/mo, and a $1,849/mo payment keeps the spread at $204/mo. Purchase price stands at $377,800, and rental yield measures 7.89% with $2,484/mo rent. Return on cash invested shows 21.86% in year one, and 5% annual appreciation builds toward $104,379 over five years. Five-year ROI reaches 113.11% and total cumulative return in cash records $141,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,484/mo property income covering a $1,849/mo payment rather than investor’s personal income.
Single Family
Built in 2007
5,662 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-10-03 | Listing removed | $379,900 |
| 2025-08-18 | Listed for sale | $379,900 |
| 2025-08-01 | Contingent | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2602.59 | 5.42% | $156,140 | 6.08% |
| 2023-10-24 | $2468.72 | 2.85% | $147,190 | N/A |
| 2022-10-24 | $2400.38 | 0.95% | $147,190 | 2.99% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
