5422 Portland Rd NE UNIT 99, Salem, OR, 97305 | $220/mo Cash Flow

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5422 Portland Rd NE UNIT 99, Salem, OR, 97305 | $220/mo Cash Flow | Ziffy

For Sale

Listed for sale 7 days ago

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 5422 Portland Rd NE UNIT 99, Salem, OR, 97305 listed at $125,000 pairs $975/mo rent with a $612/mo payment to leave $220/mo cash flow. Total monthly income runs $975/mo, and annual cash flow reaches $2,643/yr on $41,438 cash to close. Return on cash invested measures 26.29% in year one, and rental yield registers 9.36% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 136.93% and total cumulative return in cash totals $56,741. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $975/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1979

N/A lot

$N/A/sqft

No HOA

More details about the property

Space rent $1095. Inc WSG. 55+ CommunityBeautiful Updated MFG on a corner Lot. Light and bright gourmet kitchen. Lots of built ins and slide outs. Large rooms & lots of storage. Walk in showers in both baths. New in 2023: Roof, HVAC, WH, Exterior Paint, Interior Paint, Cabinets, Corian Countertops, sinks ,faucets, toilets, vanity, waterproof LVP Flooring, Carpets, lights, GBG Disposal. New in 2024 10x12 shed w/shelving, Window blinds, walk in shower M. Ba, Dishwasher, W&D, Large Ramp to back door. New vinyl windows through out in 2023. 2 parking spaces, Fully Fenced Yard, complete landscaping.Large 34 X 7 covered and carpeted porch on the east side of the home. Enjoy the shade in the summer.This home has it all and then some. It is move in ready. Immaculate inside and out.

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