4810 Bonanza Dr NE, Salem, OR, 97305 | $51/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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4810 Bonanza Dr NE, Salem, OR, 97305 | $51/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 4810 Bonanza Dr NE, Salem, OR, 97305 uses $140,888 cash to close to unlock $609/yr annual cash flow and $51/mo monthly cash flow. Total monthly income runs $2,616/mo, and a $2,080/mo payment keeps the spread at $51/mo. Purchase price stands at $425,000, and rental yield measures 7.39% with $2,616/mo rent. Return on cash invested shows 20.34% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 104.96% and total cumulative return in cash records $147,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,616/mo property income covering a $2,080/mo payment rather than investor’s personal income.

Single Family

Built in 1999

5,505 sqft lot

$N/A/sqft

No HOA

More details about the property

Natural light fills this Salem home, highlighting an open layout designed for easy living. The connected living, dining, and kitchen areas create a central hub for daily life and gatherings. Outdoor space adds room to relax or entertain, and the attached garage keeps things practical. Built in 1999, this home combines lasting quality with a layout that still feels current. See it for yourself and explore how well it fits your needs.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97305, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,206 (100%)
Owner Occupied HU	8,699 (53.7%)
Renter Occupied HU	7,030 (43.4%)
Vacant Housing Units	477 ( 2.9%)
Median Home Value	$391,262
Average Home Value	$416,883