2000 Robins Ln SE UNIT 9, Salem, OR, 97306 | $277/mo Cash Flow

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2000 Robins Ln SE UNIT 9, Salem, OR, 97306 | $277/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 2000 Robins Ln SE UNIT 9, Salem, OR, 97306 listed at $160,000 pairs $1,243/mo rent with a $783/mo payment to leave $277/mo cash flow. Total monthly income runs $1,243/mo, and annual cash flow reaches $3,328/yr on $53,040 cash to close. Return on cash invested measures 26.18% in year one, and rental yield registers 9.32% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 136.36% and total cumulative return in cash totals $72,326. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,243/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully refreshed 3-bedroom, bonus room. 2-bath double-wide manufactured home in the desirable Oak Pointe Estates community of South Salem. Recently updated with new interior and exterior paint, new roof, new flooring, and a modernized kitchen, this home offers approximately 1,568 sq ft of bright, open living space. Enjoy the convenience of central A/C and forced-air heating, a covered carport, private patio, and low-maintenance yard.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97306, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,384 (100%)
Owner Occupied HU	8,940 (66.8%)
Renter Occupied HU	3,980 (29.7%)
Vacant Housing Units	464 ( 3.5%)
Median Home Value	$505,414
Average Home Value	$554,238