








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Salem at 4510 Swallow Ct NE, Salem, OR, 97301 offers a 7.54% rental yield on a $435,000 purchase with $2,734/mo rent. Total monthly income registers $2,734/mo, and a $2,129/mo payment leaves $108/mo available for distribution. Annual cash flow reaches $1,300/yr on $144,203 to close, and return on cash invested stands at 20.81% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 107.49% and total cumulative return in cash at $155,004. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,734/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97301, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,878 (100%) |
| Owner Occupied HU | 9,197 (44.1%) |
| Renter Occupied HU | 10,642 (51.0%) |
| Vacant Housing Units | 1,039 ( 5.0%) |
| Median Home Value | $368,479 |
| Average Home Value | $403,096 |
Residential
20,354
Single Family
18,277
Multi-Family
2,077
Businesses
2,690
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: RHONDA SMITH • Windermere Heritage
Mls Name: WVMLS
Mls ID: #832727