5435 Swallow Tail St SESalemOR97306
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Nearby investment properties with comparable prices
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 5435 Swallow Tail St SE, Salem, OR, 97306 earns from $3,120/mo rent with a $2,876/mo payment. Total monthly income totals $3,120/mo. ROI tracks 17.41% on current figures, and rental yield reads 6.37% at a $587,500 purchase. Equity gained on principal adds $3,791/yr, and 5% annual appreciation supports $162,315 over five years. Five-year ROI reaches 89.22% and total cumulative return in cash sums $172,451. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.
Single Family
Built in 2006
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97306, Salem, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,384 (100%) |
| Owner Occupied HU | 8,940 (66.8%) |
| Renter Occupied HU | 3,980 (29.7%) |
| Vacant Housing Units | 464 ( 3.5%) |
| Median Home Value | $505,414 |
| Average Home Value | $554,238 |
Housing Distribution
Address Breakdown
Residential
13,956
Single Family
13,531
Multi-Family
425
Businesses
207
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Nearby investment properties with comparable prices
Listed by: FELICITY CORTESE • Keller Williams Realty Portland Premiere
Mls Name: WVMLS
Mls Provider:
Mls ID: #826949
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.