For SaleRisky Deal65 days on market
970 Heather Ln SE
970 Heather Ln SE, Salem, OR 97302, Salem, OR 97302
$424,900
Estimate®:$423,200
Listing Price
970 Heather Ln SE, Salem, OR 97302
Loc: Salem, OR
Days Listed
65
Tax Assessed
$404k
Estimate®
$423k
Market Rate
Lot Size
0.41 acres
Rent Estimate
$2,552/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.
8
Morningside Elementary School
K-5
0.3 mi away
5
Leslie Middle School
6-8
0.7 mi away
5
South Salem High School
9-12
1 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
cottageranchasymmetrical roofstucco exteriorsingle-storyattached garagelarge drivewaymanicured landscapingmature treeswooded lottraditionalcozyshingle roofsuburbanresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.28%
Total ROI
51.8%
Cash Flow
$-690/mo
DSCR
0.69
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-690/mo net cash flow with a 4.3% 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 |
|---|---|---|---|
| 2026-09-08 | Price change | $424,900 | $205 |
| 2026-08-10 | Price change | $449,900 | $217 |
| 2026-07-21 | Listed for sale | $465,000 | $224 |
| 2011-08-13 | Listing removed | $1,150 | $1 |
| 2011-08-12 | Price change | $1,150 | $1 |
| 2011-07-23 | Listed for rent | $1,250 | $1 |
| 2011-07-23 | Listing removed | $201,000 | $97 |
| 2011-06-18 | Price change | $201,000 | $97 |
| 2011-01-16 | Listed for sale | $196,000 | $95 |
| 2009-06-01 | Sold | $230,000 | $111 |
| 2006-06-21 | Sold | $223,000 | $108 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,872.66 | $188,500 |
| 2024 | $3,593.26 | $183,010 |
| 2023 | $3,487.31 | $172,510 |
| 2022 | $3,389.8 | $172,510 |
| 2021 | $3,293.01 | $167,490 |
| 2020 | $3,197.1 | $157,890 |
| 2019 | $3,084.78 | $0 |
| 2018 | $3,045.33 | $0 |
| 2017 | $3,045.33 | $0 |
| 2016 | $2,618.09 | $0 |
| 2015 | $2,618.09 | $0 |
| 2014 | $2,553 | $0 |
| 2013 | $2,440.35 | $0 |
| 2012 | $2,440.35 | $0 |
| 2011 | $2,334.82 | $124,680 |
| 2010 | $2,239.83 | $117,530 |
| 2009 | $2,214.91 | $117,530 |
| 2008 | $2,089.69 | $114,110 |
| 2007 | $2,023.69 | $0 |
| 2006 | $1,990.79 | $0 |
| 2005 | $1,951.09 | $0 |
| 2004 | $1,959.72 | $0 |
| 2003 | $1,868.88 | $0 |
| 2002 | $1,823.92 | $0 |
| 2001 | $1,768.73 | $0 |
| 2000 | $1,713.89 | $0 |
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