2232 42nd Ave SE #117, 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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2232 42nd Ave SE #117, 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 2232 42nd Ave SE #117, Salem, OR, 97317 earns from $0/mo rent with a $978/mo payment. Total monthly income totals $0/mo. ROI tracks -1.93% on current figures, and rental yield reads 0% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.

Manufactured

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

This 1404 square foot manufactured home at Sundial in Salem, OR offers a cozy and welcoming living space with 3 bedrooms and 2 bathrooms. Built in 2024 by Clayton, this home features a spacious living room for entertaining guests, a master bedroom with an en suite bathroom and walk-in closet for added convenience. The kitchen is equipped with modern appliances such as an oven, fridge, dishwasher, and stainless steel appliances for a sleek look. Residents will also appreciate the washer/dryer hook up and electric heating in this lovely home. Sundial is a vibrant community located in Salem, OR, offering residents a variety of amenities and activities to enjoy. Residents can take advantage of the community clubhouse for social gatherings, as well as a swimming pool and playground for outdoor fun. With beautiful landscaping and well-maintained grounds, residents can relax and enjoy the serene surroundings of Sundial. Conveniently located near shopping, dining, and entertainment options, this community is the perfect place to call home.