2155 Robins Ln SE UNIT 31, Salem, OR, 97306 | $230/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2155 Robins Ln SE UNIT 31, Salem, OR, 97306 | $230/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 2155 Robins Ln SE UNIT 31, Salem, OR, 97306 uses $46,377 cash to close to unlock $2,763/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,075/mo, and a $685/mo payment keeps the spread at $230/mo. Purchase price stands at $139,900, and rental yield measures 9.22% with $1,075/mo rent. Return on cash invested shows 25.87% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 134.71% and total cumulative return in cash records $62,475. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,075/mo property income covering a $685/mo payment rather than investor’s personal income.

Manufactured

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Tastefully Updated & Move-In Ready! Located in Oak Hollows desirable all-age park, this beautifully refreshed 3-bedroom, 2-bath double-wide manufactured home offers comfort, style, and convenience. In 2022, the home was updated with luxury vinyl flooring, new countertops, sinks, and showers/tub. All appliances are included, making your move seamless. Enjoy low-maintenance landscaping, a fully fenced backyard, carport, and additional storage shed for all your extras. A great opportunity for affordable living without sacrificing quality!

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