4940 Sunnyside Rd SE UNIT D2, Salem, OR, 97302 | $291/mo Cash Flow

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4940 Sunnyside Rd SE UNIT D2, Salem, OR, 97302 | $291/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 UNIT D2, Salem, OR, 97302 offers a 9.59% rental yield on a $148,900 purchase with $1,190/mo rent. Total monthly income registers $1,190/mo, and a $729/mo payment leaves $291/mo available for distribution. Annual cash flow reaches $3,492/yr on $49,360 to close, and return on cash invested stands at 26.98% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,138 over five years. Portfolio math shows five-year ROI at 140.71% and total cumulative return in cash at $69,453. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,190/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2017

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully cared for 970 sqft home , 2 bedroom, 2 bath, primary has walk in closet, barn door slider to the utility room, large kitchen, lots of cabinets, has nice sheetrock walls with bull nose corners, Security door front door, opens to large front deck, patio out back, nice large shed with electricity and heat, patio area in back for seating. yard opens to a community space in back.

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