8623 Blackhawk Ct SE, Salem, OR, 97317 | 5.09% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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8623 Blackhawk Ct SE, Salem, OR, 97317 | 5.09% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Salem at 8623 Blackhawk Ct SE, Salem, OR, 97317 offers a 5.09% rental yield on a $1,299,979 purchase with $5,513/mo rent. 72% in year one. Equity gained on principal adds $8,389/yr while 5% annual appreciation supports $359,160 over five years. Portfolio math shows five-year ROI at 69.35% and total cumulative return in cash at $292,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,513/mo property income against a $6,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2006

2.02 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover the ultimate living experience with an exceptional property featuring a separatein-law suiteperfect for guests, family, or even as an office. Nestled on a sprawling2.02 acres, this house combines luxury and functionality, boasting3764 square feetof thoughtfully designed living space.Upon entering, youll be welcomed by a grand sweeping entry with a curved staircase, setting an elegant tone for the home. The main house includes four spacious bedrooms, 3.5 baths, and 2 offices. At the heart of the home is theentertaining kitchen, equipped with modern appliances and ample counter space, ideal for hosting gatherings and encouraging interaction.The property also features a3-car attached garageand a separate RV garage, which houses the invitingin-law suite. This suite provides a private retreat for guests or family members, ensuring comfort and convenience.Step outside to the expansive outdoor area, beautifully landscaped and perfect for gardening, relaxation, or outdoor activities. The property also includestwo greenhouseswith electricity and plumbing, enhancing your gardening potential.This rare find not only combines luxury living with practical amenities but also offers a vibrant lifestyle. Whether you're entertaining in the spacious kitchen, enjoying the tranquility of your landscaped yard, or accommodating guests in the in-law suite, this property is designed for versatility and enjoyment. Plus, aGenerac generatorensures you have power throughout the entire space. Dont miss out on this dream home!