1532 Webster Dr SE, Salem, OR, 97302 | 6.18% Rental Yield

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1532 Webster Dr SE, Salem, OR, 97302 | 6.18% Rental Yield | 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 1532 Webster Dr SE, Salem, OR, 97302 listed at $725,000 pairs $3,734/mo rent with a $3,549/mo payment. Total monthly income runs $3,734/mo. Return on cash invested measures 16.83% in year one, and rental yield registers 6.18% at a $725,000 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,304 by year five. Five-year ROI tracks 86.09% and total cumulative return in cash totals $205,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,734/mo property income relative to a $3,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1989

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

This 4-bedroom home in Cambridge Estates is move-in ready! Updates include quartz counters, undermount sinks, wood flooring, upgraded lighting, and fresh paint inside and out. The rare highlight of this property is the 160-foot deep lot. The backyard is level, extremely private, features mature trees and plants, and is BIG. Outdoor living starts on the 15'x58' paver and concrete patio, bleeds into the grass yard, and ends with a fire pit and playhouse in the back. Inside, the layout is flexible and open. The main floor includes the kitchen, formal dining, a breakfast nook, living room, laundry room, and a family room. Upstairs, the primary suite features a large bedroom, two walk-in closets, double vanity, freestanding clawfoot tub, and a custom tile and glass shower. The 4th bedroom is over 400 square feet in size, includes built-in cabinetry and desks and has great flexibility to be used as a homeschool room, bonus room, play room, etc.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97302, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,440 (100%)
Owner Occupied HU	10,373 (56.3%)
Renter Occupied HU	7,247 (39.3%)
Vacant Housing Units	820 ( 4.4%)
Median Home Value	$492,171
Average Home Value	$541,750