5422 Portland Rd NE UNIT 139SalemOR97305
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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
Investment Highlights
Investment property for sale in Salem at 5422 Portland Rd NE UNIT 139, Salem, OR, 97305 uses $39,117 cash to close to unlock $2,667/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $935/mo, and a $578/mo payment keeps the spread at $222/mo. Purchase price stands at $118,000, and rental yield measures 9.51% with $935/mo rent. Return on cash invested shows 26.73% in year one, and 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 139.34% and total cumulative return in cash records $54,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $935/mo property income covering a $578/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,796
Single Family
14,699
Multi-Family
1,097
Businesses
798
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