1654 Sieburg St NE, Keizer, OR, 97303 | $406/mo Cash Flow

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1654 Sieburg St NE, Keizer, OR, 97303 | $406/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Keizer at 1654 Sieburg St NE, Keizer, OR, 97303 uses $134,921 cash to close to unlock $4,876/yr annual cash flow and $406/mo monthly cash flow. Total monthly income runs $2,863/mo, and a $1,992/mo payment keeps the spread at $406/mo. Purchase price stands at $407,000, and rental yield measures 8.44% with $2,863/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $112,447 over five years. Five-year ROI reaches 122.03% and total cumulative return in cash records $164,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,863/mo property income covering a $1,992/mo payment rather than investor’s personal income.

Single Family

Built in 1994

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Accepted Offer with Contingencies. MOTIVATED SELLERS! Set at the end of a quiet street with green space and Claggett Creek one lot away, no through traffic, and lots of privacy, this 3-bed, 2 bath home is perfect for buyers looking for a beautiful yard and peaceful setting. The home offers one level living with a bonus room on the lower level that could work great as a movie room, office, exercise room or play area. A cozy sunken living room, vaulted ceilings, and a cool split-level layout, the easy living plan features a spacious primary suite overlooking the shaded and private back yard. In 2018, the sellers added a Trex back deck and front porch, plus replaced the roof. Youll get a roomy 2-car garage, gas furnace and water heater, and affordable power through Salem Electric. Easy jump onto I-5, but still in a calm, tucked-away neighborhood. A comfy place with good updates and lots of potential to make it your own. Don't miss out!

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