5447 Sugar Plum St SE, Salem, OR, 97306 | $214/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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5447 Sugar Plum St SE, Salem, OR, 97306 | $214/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 5447 Sugar Plum St SE, Salem, OR, 97306 uses $153,451 cash to close to unlock $2,562/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $3,008/mo, and a $2,266/mo payment keeps the spread at $214/mo. Purchase price stands at $462,900, and rental yield measures 7.8% with $3,008/mo rent. Return on cash invested shows 21.58% in year one, and 5% annual appreciation builds toward $127,891 over five years. Five-year ROI reaches 111.6% and total cumulative return in cash records $171,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,008/mo property income covering a $2,266/mo payment rather than investor’s personal income.

Single Family

Built in 2003

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Accepted Offer with Contingencies. Price Improvement! This beautifully maintained 3 bedroom, 3 bathroom home is in an unbeatable South Salem location. Easy access to i-5, parks, and shopping. This home features an updated kitchen with granite counters, glass tile back splash, stainless steel appliances, newly installed flooring, nice open living spaces, vaulted ceilings and a fully fenced in backyard with a covered patio great for entertaining or relaxing. Home is located on a Flag lot that backs up to church property offering extra privacy.

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