2410 Lancaster Dr SE UNIT 949SalemOR97317
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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
Investment Highlights
Investment property for sale in Salem at 2410 Lancaster Dr SE UNIT 949, Salem, OR, 97317 earns $1,628/mo cash flow from $2,383/mo rent with a $612/mo payment. Total monthly income totals $2,383/mo, and annual cash flow totals $19,539/yr on $41,438 capital. ROI tracks 67.06% on current figures, and rental yield reads 22.88% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 355.6% and total cumulative return in cash sums $147,353. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,383/mo property income instead of your personal income.
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: JORDAN MATIN • Matin Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #821109
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.