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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 19, Salem, OR, 97306 earns $167/mo cash flow from $1,675/mo rent with a $1,223/mo payment. Total monthly income totals $1,675/mo, and annual cash flow totals $2,000/yr on $82,842 capital. ROI tracks 22.32% on current figures, and rental yield reads 8.04% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 115.6% and total cumulative return in cash sums $95,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,675/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: CONNIE BASINGER • Berkshire Hathaway Homeservices R E Prof
Mls Name: WVMLS
Mls ID: #834097
