1202 Leo St NEKeizerOR97303
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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 Keizer at 1202 Leo St NE, Keizer, OR, 97303 listed at $367,000 pairs $2,363/mo rent with a $1,796/mo payment to leave $148/mo cash flow. Total monthly income runs $2,363/mo, and annual cash flow reaches $1,776/yr on $121,661 cash to close. Return on cash invested measures 21.37% in year one, and rental yield registers 7.73% at a $367,000 basis. Equity gained on principal adds $2,368/yr, and annual property appreciation at 5% supports $101,395 by year five. Five-year ROI tracks 110.51% and total cumulative return in cash totals $134,447. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,363/mo property income relative to a $1,796/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97303, Salem, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,236 (100%) |
| Owner Occupied HU | 9,734 (60.0%) |
| Renter Occupied HU | 5,949 (36.6%) |
| Vacant Housing Units | 553 ( 3.4%) |
| Median Home Value | $462,729 |
| Average Home Value | $497,204 |
Housing Distribution
Address Breakdown
Residential
16,041
Single Family
15,026
Multi-Family
1,015
Businesses
922
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