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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% |
Rental property for sale in Keizer at 493 Manbrin Dr N, Keizer, OR, 97303 offers $2,339/mo rent that, after a $1,982/mo payment. Total monthly income is $2,339/mo. Return on cash invested measures 18.97% in year one, and rental yield stands at 6.93% at a $405,000 entry. Equity gained on principal adds $2,613/yr while 5% annual appreciation compounds into $111,894 by year five. Five-year ROI records 97.6% and total cumulative return in cash reaches $131,030. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,339/mo property income versus a $1,982/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
9,940 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 |
|---|---|---|
| 2025-09-02 | Sold | $405,000 |
| 2025-07-22 | Contingent | $399,900 |
| 2025-07-12 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $2740.07 | 5.12% | $158,750 | 6.08% |
| 2023-10-16 | $2606.49 | 2.94% | $149,650 | N/A |
| 2022-10-16 | $2531.96 | 3.25% | $149,650 | 2.99% |
Listed by: CHUN TRUONG • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #831264
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.
