291 Janet Ave N, Keizer, OR, 97303 | $669/mo Cash Flow

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291 Janet Ave N, Keizer, OR, 97303 | $669/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

Investment property for sale in Keizer at 291 Janet Ave N, Keizer, OR, 97303 earns $669/mo cash flow from $3,203/mo rent with a $2,055/mo payment. Total monthly income totals $3,203/mo, and annual cash flow totals $8,023/yr on $139,197 capital. ROI tracks 25.67% on current figures, and rental yield reads 9.15% at a $419,900 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 over five years. Five-year ROI reaches 133.55% and total cumulative return in cash sums $185,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,203/mo property income instead of your personal income.

Single Family

Built in 1959

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this inviting 3 bedroom, 2 bathroom single level home is situated on an oversized 12,000 sqft lot with mature landscaping and 2 peaceful koi ponds. Perfect for a first time buyer or someone looking to downsize, this property has a unique blend of comfort, updates, and outdoor living. Step inside to find fresh interior paint (September 2025), solar tubes that bring in abundant natural light, and a functional floorplan featuring both a living room with an electric fireplace and a family room that is already plumbed for an additional fireplace. A bright sunroom provides extra living space, perfect for relaxing and enjoying views of the backyard. The updated common bathroom shines with quartz countertops, double sinks, new floors, and tile step in shower with matching glass door. The private primary suite offers a walk in closet and ensuite with a step in shower. Vinyl double pane windows, central heating and AC, and a gas water heater keep the home comfortable year round. Outside, enjoy about 500 sqft of covered and uncovered decking in the backyard, along with a large covered front deck, great for entertaining or simply enjoying all 4 seasons here. The durable fiber cement and wood shingle siding, newer architectural roof, and updated electrical panel give peace of mind. A 1 car garage plus 2 car carport provide plenty of parking, along with an RV hookup at the front. The large fenced backyard is ideal for gardening, entertaining, or simply unwinding in a natural setting. This home combines modern upgrades with the charm of a well cared for property. Do not miss the chance to make it yours, schedule a showing today!

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