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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 882 Edina Ln NE, Salem, OR, 97301 earns $128/mo cash flow from $1,963/mo rent with a $1,488/mo payment. Total monthly income totals $1,963/mo, and annual cash flow totals $1,535/yr on $100,776 capital. ROI tracks 21.43% on current figures, and rental yield reads 7.75% at a $304,000 purchase. Equity gained on principal adds $1,962/yr, and 5% annual appreciation supports $83,990 over five years. Five-year ROI reaches 110.81% and total cumulative return in cash sums $111,668. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,963/mo property income instead of your personal income.
Single Family
Built in 1940
10,120 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97301, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,878 (100%) |
| Owner Occupied HU | 9,197 (44.1%) |
| Renter Occupied HU | 10,642 (51.0%) |
| Vacant Housing Units | 1,039 ( 5.0%) |
| Median Home Value | $368,479 |
| Average Home Value | $403,096 |
Residential
20,354
Single Family
18,277
Multi-Family
2,077
Businesses
2,690
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Sold | $304,000 |
| 2025-06-16 | Contingent | $309,000 |
| 2025-06-02 | Price change | $309,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $2377.49 | 3.03% | $121,090 | 6.08% |
| 2023-10-28 | $2307.53 | 2.88% | $114,150 | N/A |
| 2022-10-28 | $2243.04 | 2.94% | $114,150 | 3.00% |
Listed by: KRISTIN D SMITH • Keller Williams Realty -Albany
Mls Name: WVMLS
Mls Provider:
Mls ID: #828879
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.
