








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 2382 Latona Dr NE, Keizer, OR, 97303 listed at $409,900 pairs $3,019/mo rent with a $2,006/mo payment to leave $545/mo cash flow. Total monthly income runs $3,019/mo, and annual cash flow reaches $6,540/yr on $135,882 cash to close. Return on cash invested measures 24.72% in year one, and rental yield registers 8.84% at a $409,900 basis. Equity gained on principal adds $2,645/yr, and annual property appreciation at 5% supports $113,248 by year five. Five-year ROI tracks 128.48% and total cumulative return in cash totals $174,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,019/mo property income relative to a $2,006/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
7,840 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 |
|---|---|---|
| 2025-06-30 | Listed for sale | $409,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-02 | $3479.93 | 2.98% | $225,100 | N/A |
| 2022-07-02 | $3379.33 | 3.22% | $225,100 | 3.00% |
| 2021-07-02 | $3273.81 | 2.70% | $218,550 | 18.78% |



Listed by: JEFFREY PARSONS • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #830850
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.