








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 5530 Bryce St SE, Salem, OR, 97306 listed at $398,893 pairs $2,789/mo rent with a $1,952/mo payment to leave $339/mo cash flow. Total monthly income runs $2,789/mo, and annual cash flow reaches $4,069/yr on $132,233 cash to close. Return on cash invested measures 22.99% in year one, and rental yield registers 8.39% at a $398,893 basis. Equity gained on principal adds $2,574/yr, and annual property appreciation at 5% supports $110,207 by year five. Five-year ROI tracks 119.31% and total cumulative return in cash totals $157,768. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,789/mo property income relative to a $1,952/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97306, Salem, OR area.
| 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 |
Residential
13,956
Single Family
13,531
Multi-Family
425
Businesses
207
Date | Event | Price |
|---|---|---|
| 2025-09-09 | Listed for sale | $398,893 |
| 2015-05-15 | Sold | $214,900 |
| 2009-11-25 | Sold | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-12 | $4381.19 | 3.03% | $223,140 | 6.09% |
| 2023-09-12 | $4252.14 | 2.88% | $210,340 | N/A |
| 2022-09-12 | $4133.16 | 2.94% | $210,340 | 3.00% |



Listed by: DEWEY WHITTON • The Salem Real Estate Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #832032
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.