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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 368 Ridgeview Dr N, Keizer, OR, 97303 at $414,000 posts ROI 23.23% with $380/mo cash flow from $2,879/mo rent. Total monthly income equals $2,879/mo, and annual cash flow records $4,564/yr on $137,241 to close. Return on cash invested measures 23.23% and rental yield reads 8.34% at the current $414,000. Equity gained on principal adds $2,671/yr, and 5% annual appreciation supports $114,381 by year five. Five-year ROI prints 120.49% and total cumulative return in cash totals $165,367.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,879/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
5,890 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 |
|---|---|---|
| 2025-06-25 | Listed for sale | $414,000 |
| 2018-09-24 | Listing removed | $1,695 |
| 2018-09-12 | Listed for rent | $1,695 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-27 | $3560.40 | 3.18% | $205,190 | N/A |
| 2022-06-27 | $3450.66 | 3.22% | $205,190 | 3.00% |
| 2021-06-27 | $3342.92 | 2.71% | $199,220 | 6.09% |
Listed by: BRIDGET WELBORN • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #830635
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.
