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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 3832 3rd Ave N, Keizer, OR, 97303 offers a 9.65% rental yield on a $265,000 purchase with $2,131/mo rent. Total monthly income registers $2,131/mo, and a $1,297/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,358/yr on $87,848 to close, and return on cash invested stands at 22.59% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 118.72% and total cumulative return in cash at $104,295. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,131/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
2,613 sqft lot
$N/A/sqft
$335 monthly 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 |
|---|---|---|
| 2025-09-22 | Sold | $265,000 |
| 2025-08-16 | Contingent | $274,900 |
| 2025-07-25 | Price change | $274,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $2130.42 | 5.07% | $123,680 | 6.08% |
| 2023-10-26 | $2027.68 | 2.98% | $116,590 | N/A |
| 2022-10-26 | $1968.94 | 3.31% | $116,590 | 2.99% |
Listed by: RICK NASSET • Nw Homes And Land
Mls Name: WVMLS
Mls Provider:
Mls ID: #828902
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.
