259 Dorcas Dr N, Keizer, OR, 97303 | $429/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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259 Dorcas Dr N, Keizer, OR, 97303 | $429/mo Cash Flow | Ziffy

For Sale

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

Rental property for sale in Keizer at 259 Dorcas Dr N, Keizer, OR, 97303 offers $3,326/mo rent that, after a $2,349/mo payment, leaves $429/mo cash flow. Total monthly income is $3,326/mo, and annual cash flow is $5,148/yr on $159,120 cash. Return on cash invested measures 23.14% in year one, and rental yield stands at 8.31% at a $480,000 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,615 by year five. Five-year ROI records 119.98% and total cumulative return in cash reaches $190,913. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,326/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1981

6,970 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 4 beds/2 baths Keizer home offers 2,273 sq ft of comfortable living with a bright open floor plan. Cozy living rm w fireplace, dining rm w slider to backyard & a kitchen w SS appliances, granite counters & ample storage. Primary suite features a walk-in closet & private bath. Upstairs includes 4th vaulted bedroom, bonus rm, full bath w skylights & built-ins. New HVAC & water heater! Fenced yard w covered deck, patio & garden beds. Attached 2-car garage. Close to schools, parks, shops & I-5!

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