2120 Robins Ln SE UNIT 145, Salem, OR, 97306 | $166/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2120 Robins Ln SE UNIT 145, Salem, OR, 97306 | $166/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1188 sft

141 S 17th St #15, Independence, OR, 97351

3 Bed
2 Bath
1848 sft

3800 S Mountain View Dr SE UNIT 95, Albany, OR, 97322

3 Bed
2 Bath
1275 sft

2601 NE Jack London St UNIT 27, Corvallis, OR, 97330

3 Bed
2 Bath
1566 sft

2601 NE Jack London St UNIT 135, Corvallis, OR, 97330

Nearby investment properties with comparable prices

3 Bed
2 Bath
1722 sft

2622 NW Satinwood St, Corvallis, OR, 97330

3 Bed
2 Bath
1488 sft

34360 NE Colorado Lake Dr UNIT 950, Corvallis, OR, 97333

3 Bed
2 Bath
1568 sft

151 Edwards Rd S #151, Monmouth, OR, 97361

5055 NE ELLIOTT CIR, P2749 Plan, Knoll Terrace

3 Bed
2 Bath
1250 sft

5055 NE ELLIOTT CIR, P2749 Plan, Knoll Terrace, Corvallis, OR, 97330

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Salem at 2120 Robins Ln SE UNIT 145, Salem, OR, 97306 uses $66,300 cash to close to unlock $1,988/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $1,373/mo, and a $979/mo payment keeps the spread at $166/mo. Purchase price stands at $200,000, and rental yield measures 8.24% with $1,373/mo rent. Return on cash invested shows 22.91% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 118.74% and total cumulative return in cash records $78,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,373/mo property income covering a $979/mo payment rather than investor’s personal income.

Manufactured

Built in 1995

N/A lot

$N/A/sqft

No HOA

More details about the property

**Motivated Seller** 3-bed, 2-bath home in a gated 55+ community in S Salem! Enjoy a spacious, updated kitchen featuring granite countertops, an island, and a walk-in pantry. The attached garage includes a separate bonus workshop, ideal for hobbies or storage. Relax year-round on the private covered deck. The beautifully landscaped yard completes this property, offering both comfort and tranquility. New water heater and completely updated plumbing in July 2025.

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