2410 Lancaster Dr SE,Salem,OR,97317

Investment Highlights

Rental property for sale in Salem at 2410 Lancaster Dr SE, Salem, OR, 97317 offers $2,077/mo rent that, after a $661/mo payment, leaves $1,262/mo cash flow. Total monthly income is $2,077/mo, and annual cash flow is $15,142/yr on $44,753 cash. Return on cash invested measures 53.74% in year one, and rental yield stands at 18.46% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 284.1% and total cumulative return in cash reaches $127,141. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,077/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.