2310 Mountain View Dr S, Salem, OR, 97302 | $440/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2310 Mountain View Dr S, Salem, OR, 97302 | $440/mo Cash Flow | 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 2310 Mountain View Dr S, Salem, OR, 97302 uses $132,434 cash to close to unlock $5,279/yr annual cash flow and $440/mo monthly cash flow. Total monthly income runs $2,851/mo, and a $1,955/mo payment keeps the spread at $440/mo. Purchase price stands at $399,500, and rental yield measures 8.56% with $2,851/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $110,374 over five years. Five-year ROI reaches 124.01% and total cumulative return in cash records $164,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,851/mo property income covering a $1,955/mo payment rather than investor’s personal income.

Single Family

Built in 1953

8,160 sqft lot

$N/A/sqft

No HOA

More details about the property

Rambler style home located on spacious corner lot in prime South Salem location. Fully fenced with large deck for outdoor entertaining and shed for garden storage. Primary bedroom with ample closet space, backyard access and private bathroom. Indoor utility room with sink. Living room features fireplace with brick surround. Close to schools and shopping.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97302, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,440 (100%)
Owner Occupied HU	10,373 (56.3%)
Renter Occupied HU	7,247 (39.3%)
Vacant Housing Units	820 ( 4.4%)
Median Home Value	$492,171
Average Home Value	$541,750