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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 Talloc Ave SE #4, Salem, OR, 97306 at $774,900 posts ROI 12.18% with from $3,004/mo rent. Total monthly income equals $3,004/mo. Return on cash invested measures 12.18% and rental yield reads 4.65% at the current $774,900. Equity gained on principal adds $5,000/yr, and 5% annual appreciation supports $214,091 by year five. Five-year ROI prints 61.18% and total cumulative return in cash totals $155,975. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,004/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 2024
5,293 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-07-08 | Listed for sale | $774,900 |
| 2024-06-29 | Listing removed | $774,900 |
| 2023-11-16 | Listed for sale | $774,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: ILYA MAKARENKO • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #811355
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.
