1965 Breyman St NE, Salem, OR, 97301 | $802/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1965 Breyman St NE, Salem, OR, 97301 | $802/mo Cash Flow | Ziffy

For Sale

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 1965 Breyman St NE, Salem, OR, 97301 uses $91,163 cash to close to unlock $9,624/yr annual cash flow and $802/mo monthly cash flow. Total monthly income runs $2,462/mo, and a $1,346/mo payment keeps the spread at $802/mo. Purchase price stands at $275,000, and rental yield measures 10.74% with $2,462/mo rent. Return on cash invested shows 30.47% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 159.3% and total cumulative return in cash records $145,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,462/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Single Family

Built in 1921

3,920 sqft lot

$N/A/sqft

No HOA

More details about the property

Great location near downtown Salem. Home built in 1921 with lots of charm. 1311 SF with 2 bdrms; 2 baths plus office or den. Kitchen recently updated with stainless steel appliances. Small fenced yard with covered patio; Detached garage. Mini-split heat pumps; Laminate, wood and tile flooring. Needs attention Selling AS IS.

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