2200 Lancaster Dr SE #1-G, Salem, OR, 97317 | Equity Gain $1,290/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2200 Lancaster Dr SE #1-G, Salem, OR, 97317 | Equity Gain $1,290/yr | 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 2200 Lancaster Dr SE #1-G, Salem, OR, 97317 offers a 0% rental yield on a $199,900 purchase with $0/mo rent. 93% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Amazingly bright and open 2022 Skyline home with 2 bedroom, 2 bath, a den home and 1344sq.ft of space! The minute you walk into the home you are greeted with high ceilings and tons of windows for lots of natural light! The home features a beautiful kitchen with lots of cabinets, a large kitchen island with room for seating, stainless steel appliances and a deep kitchen sink. The living room and kitchen create a nice great room so everyone can enjoy those high ceilings and natural light. The home has a den for use as an office, craft room or whatever works for you! The master bedroom is spacious with lots of light, high ceilings and a walk-in closet. The master bathroom has gorgeous with dual sinks, a walk-in shower and tons of storage. Outside, you have a large 6ft. covered porch, carport with long driveway and a storage shed. The space also has low maintenance landscaping. To see more of this home, contact the community manager. Sundial MHP is a beautiful 55+ community in the heart of the Willamette Valley. The community is pet-friendly and boasts a calendar of activities, a neighborhood atmosphere and an impressive lineup of social amenities such as a club house, indoor pool/spa, library and billiard room.