2232 42nd Ave SE UNIT 713, Salem, OR, 97317 | $211/mo Cash Flow

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 UNIT 713, Salem, OR, 97317 uses $42,929 cash to close to unlock $2,534/yr annual cash flow and $211/mo monthly cash flow. Total monthly income runs $993/mo, and a $634/mo payment keeps the spread at $211/mo. Purchase price stands at $129,500, and rental yield measures 9.2% with $993/mo rent. Return on cash invested shows 25.81% in year one, and 5% annual appreciation builds toward $35,778 over five years. Five-year ROI reaches 134.4% and total cumulative return in cash records $57,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $993/mo property income covering a $634/mo payment rather than investor’s personal income.

Manufactured

Built in 1975

N/A lot

$N/A/sqft

No HOA