5727 Joynak St S, Salem, OR, 97306 | $406/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5727 Joynak St S, Salem, OR, 97306 | $406/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 5727 Joynak St S, Salem, OR, 97306 uses $120,998 cash to close to unlock $4,875/yr annual cash flow and $406/mo monthly cash flow. Total monthly income runs $2,609/mo, and a $1,786/mo payment keeps the spread at $406/mo. Purchase price stands at $365,000, and rental yield measures 8.58% with $2,609/mo rent. Return on cash invested shows 23.94% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 124.27% and total cumulative return in cash records $150,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,609/mo property income covering a $1,786/mo payment rather than investor’s personal income.

Single Family

Built in 2017

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this well-maintained, one-owner end-unit townhome in the highly sought-after Vannatta Place community of South Salem. Ideally located across Crossler Middle School, this lightly lived-in home offers comfort, convenience, and a modern open layout. The main level boast a spacious open-concept floor plan featuring a large living room, dining area, half bath, and a well-appointed kitchen with stainless steel appliances perfect for entertaining or everyday living. Enjoy plenty of natural light and privacy as an end unit. Upstairs, a versatile loft area provides the perfect space for a home office or reading nook. You ll also find three comfortable bedrooms, a full hall bath, a laundry room with hallway storage, and a generously sized primary suite with a walk-in closet and en suite bathroom. Additional features include blackout blinds, a mini-split system on the main level for efficient climate control, and central A/C upstairs for year-round comfort. This is a fantastic opportunity to own a quality townhome in a prime location perfect for homeowners or investors alike! Don t miss out-schedule your private tour today!

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