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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Keizer at 1217 Horizon Ridge Ct NE, Keizer, OR, 97303 listed at $449,900 pairs $2,777/mo rent with a $2,202/mo payment to leave $61/mo cash flow. Total monthly income runs $2,777/mo, and annual cash flow reaches $736/yr on $149,142 cash to close. Return on cash invested measures 20.4% in year one, and rental yield registers 7.41% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 105.31% and total cumulative return in cash totals $157,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,777/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97303, Salem, OR area.
| 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 |
Residential
16,041
Single Family
15,026
Multi-Family
1,015
Businesses
922
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: DON and TRACY STURGEON • Homesmart Realty Group
Mls Name: WVMLS
Mls ID: #835372
