5132 Swegle Rd NE, Salem, OR, 97317 | 6.21% Rental Yield

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Price: $300K - 500K

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5132 Swegle Rd NE, Salem, OR, 97317 | 6.21% 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

Total monthly income runs $3,883/mo, and a $3,671/mo payment. Purchase price stands at $750,000, and rental yield measures 6.21% with $3,883/mo rent. Return on cash invested shows 16.93% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 86.62% and total cumulative return in cash records $213,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,883/mo property income covering a $3,671/mo payment rather than investor’s personal income.

Single Family

Built in 1910

0.82 Acres lot

$N/A/sqft

No HOA

More details about the property

Experience the perfect mix of country charm and modern convenience in this 4-bed, 2.5-bath home on 0.82 acres, just minutes from town. Enjoy 2,408 sq ft of light-filled living, an open kitchen/dining area, covered front porch, and expansive back deck. Features include an optional main-level suite or upstairs primary with Mt. Hood views, and an expansive 48x26 shop w/ large loft plus 36x19 garage. Original character, stylish updates, and flexible spaces/optional ADU, make this a rare find in rural living. Discover the perfect blend of rural charm and modern convenience with this stunning 4-bedroom, 2.5-bath home on a beautifully landscaped 0.82-acre lot. Just minutes from town, this 2,408 sq ft retreat offers the peace and privacy of country livingwithout compromise. Natural light pours into the open-concept kitchen and dining area, ideal for entertaining, while guests can relax on the inviting covered front porch or gather on the expansive back deck to take in the serene surroundings. The main-level primary suite features a recently updated bathroom and a spacious walk-in closet. Upstairs, another generous bedroom boasts breathtaking morning views of Mt. Hoodperfect for waking up inspired. Outside, a massive 48x26 detached shop with a large loft, dual 12 doors, an attractive glass side garage door attached to another 36x19 garage offer endless possibilities for storage, work, or creative space.With original character, stylish updates, and low-maintenance grounds ready for gardens, hobbies, or leisure, this is country living, reimagined. Come experience it for yourself.