133 Broadmore Ave NE, Salem, OR, 97301 | $1,861/mo Cash Flow

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133 Broadmore Ave NE, Salem, OR, 97301 | $1,861/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Salem at 133 Broadmore Ave NE, Salem, OR, 97301 with 5% annual appreciation on a $129,900 basis while $2,645/mo rent supports operations. Total monthly income totals $2,645/mo and a $636/mo payment preserves $1,861/mo for cash returns. Annual cash flow comes to $22,328/yr on $43,062 deployed, and return on cash invested reaches 71.76% in year one. Equity gained on principal adds $838/yr, and five-year appreciation sums $35,889 alongside rental yield of 24.43%. Five-year ROI measures 380.73% and total cumulative return in cash totals $163,951.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,645/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Manufactured

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

REDUCED PRICE!! Ready for IMMEDIATE move in! Great new home in a 55+ community in Salem! All brand new and waiting for you. Loaded with popular features like: Energy Star Ratings; Stainless Steel Appliances; Hardwood Cabinets; Island Kitchen; Nice big rooms...1,280 sq. ft. All it needs is you! Great community. Space rent is $950 @ month. Call Terry for your private showing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97301, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,878 (100%)
Owner Occupied HU	9,197 (44.1%)
Renter Occupied HU	10,642 (51.0%)
Vacant Housing Units	1,039 ( 5.0%)
Median Home Value	$368,479
Average Home Value	$403,096