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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Salem at 2120 Robins Ln SE UNIT 111, Salem, OR, 97306 earns $190/mo cash flow from $1,633/mo rent with a $1,170/mo payment. Total monthly income totals $1,633/mo, and annual cash flow totals $2,282/yr on $79,229 capital. ROI tracks 22.79% on current figures, and rental yield reads 8.2% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 118.14% and total cumulative return in cash sums $93,600. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,633/mo property income instead of your personal income.
Manufactured
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97306, Salem, OR area.
| 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 |
Residential
13,956
Single Family
13,531
Multi-Family
425
Businesses
207
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: GARY BAUER- P.C. • Knipe Realty Era Powered
Mls Name: WVMLS
Mls ID: #833831
