6162 Walina Ct SESalemOR97317
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 6162 Walina Ct SE, Salem, OR, 97317 in Salem is a conservative rental investment at $759,000. Rental yield 6.51%. A 1.21 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $209,698; $6,990/yr in principal paydown supplements. Total projected return: $257,420.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 5.8% |
| Monthly Cash Flow | $(464) | $420 |
City averages based on Salem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,117 |
| Total Monthly Debt Service | $4,279 |
| DSCR Ratio | 0.96x |
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 1976
2.05 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 1976
2.05 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LEVI WILSON • Ned Baker Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #830497
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.