Investment property · DSCR screen

3-bed condo in Salem, OR

Salem, OR 97302 · Marion County · Active

3 bed, 1.5 bath condo for sale in Salem, OR
Listed by Zenith Realty, Llc
Beds3
Baths1.5
Sq ft1,171
Year built1991
TypeCondo

The I/O payment, line by line

Interest-only debt service
$1,195
Property tax + insurance
$314
HOA
$520
Total
$2,029
30-year P&I at 6.375%
$1,193
30-year PITIA
$2,027

Taxes, insurance and the HOA fee are this listing's actual figures ($834/mo combined), not an estimate — so this is stricter, and lower, than a ZIP-level DSCR. On a purchase price of $239,000 (as of August 2026) with 20% down, the loan is $191,200. Rate, term and costs are the published assumptions, not a quote — your actual payment depends on your credit, reserves, entity structure and the appraisal.

Flood risk

1/10
Minimal risk · FEMA zone AE

Low modeled flood risk. Standard hazard insurance is normally enough. This is a FEMA Special Flood Hazard Area, so a federally-backed mortgage will require flood insurance.

Listing facts

Revenue comparables15 · High confidence
ListedAug 7, 2026
Days on market5
StatusActive
Revenue comps15
ConfidenceHigh

Let's polish these numbers

Send it over and we'll tell you how DSCR and all loans pencil for this property and show you the whole market too — no cost, no credit pull.

Prefer to talk now? Call or text Chad: 858-353-8331.

Where to go next

As a user of this system, you agree to all Scout Terms & Conditions and Home & Mortgage Conditions.