5615 Macleay Rd SESalemOR97317
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 5615 Macleay Rd SE, Salem, OR, 97317 in Salem. Rental yield 4.74%. At $835,000 with 4.74% gross yield, current distributions are modest, but the 5% appreciation rate projects $230,695 in new equity by year five, complemented by $7,690/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.88) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $204,004.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 5.8% |
| Monthly Cash Flow | $(1,741) | $420 |
City averages based on Salem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,299 |
| Total Monthly Debt Service | $4,708 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2016
4.99 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Single Family
Built in 2016
4.99 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TORY BOLINE • Wild Horse Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #827918
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.