








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $4,414/mo, and a $7,073/mo payment. Purchase price stands at $1,445,000, and rental yield measures 3.67% with $4,414/mo rent. Return on cash invested shows 8.7% in year one, and 5% annual appreciation builds toward $399,227 over five years. Five-year ROI reaches 42.66% and total cumulative return in cash records $199,739. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,414/mo property income covering a $7,073/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.52 Acres lot
$N/A/sqft
$52 monthly 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 |
|---|---|---|
| 2025-05-29 | Listed for sale | $1,445,000 |
| 2025-05-02 | Listing removed | $1,450,000 |
| 2024-10-07 | Price change | $1,450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-30 | $16315.25 | 2.88% | $807,060 | N/A |
| 2022-05-30 | $15858.64 | 2.94% | $807,060 | 3.00% |
| 2021-05-30 | $15405.50 | 3.00% | $783,560 | 6.09% |



Listed by: JENNIFER LARSON • Homestar Brokers
Mls Name: WVMLS
Mls Provider:
Mls ID: #829346
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.