4940 Sunnyside Rd SE #C, Salem, OR, 97302 | $239/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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4940 Sunnyside Rd SE #C, Salem, OR, 97302 | $239/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 4940 Sunnyside Rd SE #C, Salem, OR, 97302 listed at $129,000 pairs $1,017/mo rent with a $631/mo payment to leave $239/mo cash flow. Total monthly income runs $1,017/mo, and annual cash flow reaches $2,865/yr on $42,764 cash to close. Return on cash invested measures 26.61% in year one, and rental yield registers 9.46% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 138.6% and total cumulative return in cash totals $59,269. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,017/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1978

N/A lot

$N/A/sqft

No HOA

More details about the property

This is a 1978 body, but a full remodel top to bottom, Many UPGRADES since 2020, plumbing, roof, windows all vinyl, trek composite decking metal rails, RAMP, all covered deck , small back yard for furry friend, most walls drywall , new carpets, Luxury vinyl floors, Stainless steel appliances, new cupboards kitchen, wooden blinds, updated bathrooms, This is an older home that has been brought to modern age. LOOKS GREAT !

Neighborhood Data

Neighborhood data shown for ZIP Code: 97302, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,440 (100%)
Owner Occupied HU	10,373 (56.3%)
Renter Occupied HU	7,247 (39.3%)
Vacant Housing Units	820 ( 4.4%)
Median Home Value	$492,171
Average Home Value	$541,750