5158 Silver Loop NE, Salem, OR, 97305 | $301/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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5158 Silver Loop NE, Salem, OR, 97305 | $301/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 5158 Silver Loop NE, Salem, OR, 97305 listed at $179,900 pairs $1,387/mo rent with a $881/mo payment to leave $301/mo cash flow. Total monthly income runs $1,387/mo, and annual cash flow reaches $3,607/yr on $59,637 cash to close. Return on cash invested measures 25.96% in year one, and rental yield registers 9.25% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 135.13% and total cumulative return in cash totals $80,589. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,387/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

They just don't get much nicer, or newer! Brand new interior finishes including flooring, paint countertops, beautiful tile backsplashes, window coverings, fixtures, baseboards, window and door trim and more! New fridge, new dishwasher, new gas range, and a brand new roof. New siding, exterior trim and built-right front entry porch. You'll love the office area in the gigantic main bedroom. Or make it a 4 bedroom? Park rent is $1015/mo. Buyer must be park approved prior to close. Inspection available too! Inspection in Assoc. Docs. Most items done, including seismic straps, window repairs.

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