Condo Investment Properties in Salem, OR | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Salem, OR

Property at 1478 Madelyn Ave SE, Salem, OR
$ 285,000
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign119
  • 3 Bed
  • 4 Bath
  • 1628 sft
1478 Madelyn Ave SE, Salem, OR, 97306
Property at 5912 Belknap Springs St SE, Salem, OR
$ 365,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign304
  • 2 Bed
  • 3 Bath
  • 1370 sft
5912 Belknap Springs St SE, Salem, OR, 97306
Property at 1544 Madelyn Ave SE, Salem, OR
$ 259,900
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign172
  • 2 Bed
  • 3 Bath
  • 1283 sft
1544 Madelyn Ave SE, Salem, OR, 97306
Property at 401 Madrona Ave SE APT 3, Salem, OR
$ 250,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign103
  • 2 Bed
  • 1 Bath
  • 925 sft
401 Madrona Ave SE APT 3, Salem, OR, 97302

Why Invest in Salem, Oregon?

Salem, Oregon offers strong opportunities for condo investors seeking stable cash flow in the state capital. Diverse employment from government and healthcare supports consistent renter demand for condos. With average rents competitive and cap rates favorable compared to Portland, investors benefit from rental yields around 5-6%. Population growth of 2.8% annually drives housing needs, positioning condos for appreciation. Low vacancy in key areas enhances reliability for long-term holdings.

7.2%
Avg. ROI
5.5%
Rental Yield
5.8%
Cap Rate
$320/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

Salem condos offer stable government-backed demand and better yields than Portland. Lower entry prices around $400k enable cash flow with 5-6% returns. Proximity to employers ensures low vacancy.

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