2114 Mousebird Ave NW, Salem, OR, 97304 | 5.97% Rental Yield

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Price: $300K - 500K

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2114 Mousebird Ave NW, Salem, OR, 97304 | 5.97% 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 2114 Mousebird Ave NW, Salem, OR, 97304 listed at $730,000 pairs $3,634/mo rent with a $3,573/mo payment. Total monthly income runs $3,634/mo. Return on cash invested measures 16.2% in year one, and rental yield registers 5.97% at a $730,000 basis. Equity gained on principal adds $4,711/yr, and annual property appreciation at 5% supports $201,686 by year five. Five-year ROI tracks 82.72% and total cumulative return in cash totals $198,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,634/mo property income relative to a $3,573/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2006

7,825 sqft lot

$N/A/sqft

No HOA

More details about the property

This custom-built home is a true showpiece! Set in one of West Salems most desirable neighborhoods, the exterior impresses with striking stonework, a stamped concrete walkway, and mature palm trees framing the elegant double-door entry. Inside, Brazilian cherry floors & a soaring 19-foot entry ceiling set the tone for the homes exceptional design. Every detail reflects quality craftsmanship, from the 7-inch baseboards to the custom wainscoting throughout. Room for Rv parking on side. Schedule a showing!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97304, Salem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,298 (100%)
Owner Occupied HU	9,012 (63.0%)
Renter Occupied HU	4,744 (33.2%)
Vacant Housing Units	542 ( 3.8%)
Median Home Value	$502,291
Average Home Value	$545,006