2200 Lancaster Dr SE,Salem,OR,97317

Investment Highlights

Rental property for sale in Salem at 2200 Lancaster Dr SE, Salem, OR, 97317 generates $2,008/mo in rent and, after a $1,052/mo payment, leaves $711/mo in cash flow. Total monthly income is $2,008/mo, and annual cash flow is $8,526/yr on $71,273 invested. Return on cash invested sits at 31.87% in year one, and rental yield is 11.21% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 166.8% and total cumulative return in cash sums $118,885. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,008/mo property income rather than buyer’s personal income.