2232 42nd Ave SE, Salem, OR, 97317 | Equity Gain $741/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

Investment property for sale in Salem at 2232 42nd Ave SE, Salem, OR, 97317 offers a 0% rental yield on a $114,900 purchase with $0/mo rent. 93% in year one. Equity gained on principal adds $741/yr while 5% annual appreciation supports $31,745 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2003

N/A lot

$N/A/sqft

No HOA