2704 D St NE, Salem, OR, 97301 | $135/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2704 D St NE, Salem, OR, 97301 | $135/mo Cash Flow | Ziffy

For Sale

Rental Income

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 2704 D St NE, Salem, OR, 97301 with 5% annual appreciation on a $574,000 basis while $3,599/mo rent supports operations. Total monthly income totals $3,599/mo and a $2,809/mo payment preserves $135/mo for cash returns. Annual cash flow comes to $1,616/yr on $188,846 deployed, and return on cash invested reaches 20.92% in year one. Equity gained on principal adds $3,704/yr, and five-year appreciation sums $158,586 alongside rental yield of 7.52%. Five-year ROI measures 108% and total cumulative return in cash totals $203,961.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,599/mo property income versus a $2,809/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2022

5,767 sqft lot

$N/A/sqft

No HOA

More details about the property

Modern Living & Income Opportunity in One! Built in 2022, this turnkey property offers contemporary style and smart investment potential. The main home features 3 spacious bedrooms, 2.5 baths, and 1,701 sq ft of well-designed living space. A detached garage hosts a fully equipped 1-bed, 1-bath ADU (624 sq ft) aboveperfect for guests, extended family, or rental income. An immediate income stream is already in place with a tenant occupying the main houseideal for investors or buyers seeking passive income. Whether you're looking for multi-generational living or a savvy investment, this property checks all the boxes. Don't miss this rare opportunity to own a nearly new home with built-in rental potential! **Bundled service pricing available for buyers. Connect with the listing agent for details.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97301, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,878 (100%)
Owner Occupied HU	9,197 (44.1%)
Renter Occupied HU	10,642 (51.0%)
Vacant Housing Units	1,039 ( 5.0%)
Median Home Value	$368,479
Average Home Value	$403,096