5270 Chapman St S, Salem, OR, 97306 | $396/mo Cash Flow

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Price: $300K - 500K

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5270 Chapman St S, Salem, OR, 97306 | $396/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 5270 Chapman St S, Salem, OR, 97306 uses $159,120 cash to close to unlock $4,752/yr annual cash flow and $396/mo monthly cash flow. Total monthly income runs $3,293/mo, and a $2,349/mo payment keeps the spread at $396/mo. Purchase price stands at $480,000, and rental yield measures 8.23% with $3,293/mo rent. Return on cash invested shows 22.9% in year one, and 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 118.65% and total cumulative return in cash records $188,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,293/mo property income covering a $2,349/mo payment rather than investor’s personal income.

Single Family

Built in 1975

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Doesn't matter the time of year, you will allays be able to enjoy the unobstructed VIEWS of Mt Hood and the Cascades from your very private backyard. This amazing home features newer: interior & exterior paint, carpet, heat pump, and garage door. Living room woodstove insert provides amazing winter heat, and the heat pump will help you keep cool during the summer, with energy efficiency! Seller is providing 1-year First American Home Warranty.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97306, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,384 (100%)
Owner Occupied HU	8,940 (66.8%)
Renter Occupied HU	3,980 (29.7%)
Vacant Housing Units	464 ( 3.5%)
Median Home Value	$505,414
Average Home Value	$554,238