4915 Swegle Rd NE UNIT 69ASalemOR97301
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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
Investment Highlights
Investment property for sale in Salem at 4915 Swegle Rd NE UNIT 69A, Salem, OR, 97301 uses $47,071 cash to close to unlock $7,955/yr annual cash flow and $663/mo monthly cash flow. Total monthly income runs $1,520/mo, and a $695/mo payment keeps the spread at $663/mo. Purchase price stands at $141,995, and rental yield measures 12.85% with $1,520/mo rent. Return on cash invested shows 36.81% in year one, and 5% annual appreciation builds toward $39,231 over five years. Five-year ROI reaches 193.24% and total cumulative return in cash records $90,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,520/mo property income covering a $695/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97301, Salem, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,354
Single Family
18,277
Multi-Family
2,077
Businesses
2,690
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