2120 Robins Ln SE, Salem, OR, 97306 | $221/mo Cash Flow

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2120 Robins Ln SE, Salem, OR, 97306 | $221/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 2120 Robins Ln SE, Salem, OR, 97306 earns $221/mo cash flow from $1,790/mo rent with a $1,272/mo payment. Total monthly income totals $1,790/mo, and annual cash flow totals $2,655/yr on $86,157 capital. ROI tracks 22.99% on current figures, and rental yield reads 8.26% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 119.21% and total cumulative return in cash sums $102,706. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,790/mo property income instead of your personal income.

Manufactured

Built in 1984

N/A lot

$N/A/sqft

No HOA

More details about the property

Spectacular lakefront, renovated Goldenwest w/ XL dbl garage on corner lot in Terrace Lake's 55+ gated community! Front & back covered decks to enjoy lake views & lovely manicured yard w/ UGSs. Solar tubes in spacious great room floor plan, amazing kitchen, huge utility room w/ access to hall BA, sp BR opposite end from MBR, MBA w/ big shower. Easy access to clubhouse & pool included in $895/mo. park rent along w/ garbage & extended cable; water meter read & water/sewer added to rent. 2025-07-11

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