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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 5155 Nordic Ct N, Keizer, OR, 97303 uses $51,383 cash to close to unlock $2,892/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $1,177/mo, and a $759/mo payment keeps the spread at $241/mo. Purchase price stands at $155,000, and rental yield measures 9.11% with $1,177/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 132.94% and total cumulative return in cash records $68,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,177/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
N/A 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: JOHN AND SANDY VAN DYK • Paramount Real Estate Services
Mls Name: WVMLS
Mls ID: #836030
