2232 42nd Ave SE #119, Salem, OR, 97317 | Equity Gain $1,258/yr

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

Rental property for sale in Salem at 2232 42nd Ave SE #119, Salem, OR, 97317 generates $0/mo in rent, after a $954/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.94% in year one, and rental yield is 0% on a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,847 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.

Manufactured

Built in 2025

N/A lot

$N/A/sqft

No HOA