For SaleRisky Deal6 days on market
4227 Riverdale Rd S
4227 Riverdale Rd S, Salem, OR 97302, Salem, OR 97302
$350,000
Estimate®:$342,700
Listing Price
4227 Riverdale Rd S, Salem, OR 97302
Loc: Salem, OR
Days Listed
6
Tax Assessed
$299k
Estimate®
$343k
Market Rate
Lot Size
0.90 acres
Rent Estimate
$2,153/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Schirle Elementary School
K-5
1.9 mi away
3
Crossler Middle School
6-8
2.7 mi away
6
Sprague High School
9-12
1.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
farmhouse stylewood sidinggabled roofcovered porchpink front doorvintage architecturerural settinggravel drivewaymature treescozy aesthetictwo-storycottage charm
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.51%
Total ROI
56.8%
Cash Flow
$-502/mo
DSCR
0.72
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-502/mo net cash flow with a 4.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Salem, OR
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $350,000 | $205 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,931.28 | $152,140 |
| 2024 | $1,874.62 | $147,710 |
| 2023 | $1,829.61 | $139,240 |
| 2022 | $1,784.46 | $139,240 |
| 2021 | $1,738.26 | $135,190 |
| 2020 | $1,691.45 | $127,440 |
| 2019 | $1,629.64 | $0 |
| 2018 | $1,608.97 | $0 |
| 2017 | $1,608.97 | $0 |
| 2016 | $1,345.47 | $0 |
| 2015 | $1,345.47 | $0 |
| 2014 | $1,321.79 | $0 |
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