386 40th Pl SE, Salem, OR, 97317 | $360/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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386 40th Pl SE, Salem, OR, 97317 | $360/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 386 40th Pl SE, Salem, OR, 97317 listed at $300,000 pairs $2,170/mo rent with a $1,468/mo payment to leave $360/mo cash flow. Total monthly income runs $2,170/mo, and annual cash flow reaches $4,314/yr on $99,450 cash to close. Return on cash invested measures 24.25% in year one, and rental yield registers 8.68% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 125.92% and total cumulative return in cash totals $125,232. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,170/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1961

7,841 sqft lot

$N/A/sqft

No HOA