1518 Mistwood Dr 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 1518 Mistwood Dr NE, Keizer, OR, 97303 earns $143/mo cash flow from $3,342/mo rent with a $2,594/mo payment. Total monthly income totals $3,342/mo, and annual cash flow totals $1,716/yr on $174,337 capital. ROI tracks 21.04% on current figures, and rental yield reads 7.57% at a $529,900 purchase. Equity gained on principal adds $3,419/yr, and 5% annual appreciation supports $146,402 over five years. Five-year ROI reaches 108.72% and total cumulative return in cash sums $189,539. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,342/mo property income instead of your personal income.
Single Family
Built in 1970
10,018 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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