5177 Mango Ave SESalemOR97317
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 5177 Mango Ave SE, Salem, OR, 97317 in Salem: $2,430/mo in rent, $338/mo in net income, 8.58% gross yield, 1.59 DSCR, all at $340,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $93,936 in appreciation and $3,131/yr in principal paydown projects total cumulative return of $150,587.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.8% |
| Monthly Cash Flow | $338 | $420 |
City averages based on Salem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,430 |
| Total Monthly Debt Service | $1,957 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2002
6,098 sqft lot
$N/A/sqft
$40 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2002
6,098 sqft lot
$N/A/sqft
$40 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DEBBIE DAILEY • Realty One Group Willamette Valley
Mls Name: WVMLS
Mls Provider:
Mls ID: #827914
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.