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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Salem at 5370 Witzel Rd SE, Salem, OR, 97317 generates $3,307/mo in rent, after a $3,426/mo payment. Total monthly income is $3,307/mo. Return on cash invested sits at 15.28% in year one, and rental yield is 5.67% on a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 77.76% and total cumulative return in cash sums $179,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,307/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
2.18 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-11 | Listed for sale | $699,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: RHONDA MARSHALL • Knipe Realty Era Powered
Mls Name: WVMLS
Mls Provider:
Mls ID: #826394
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
