530 Larry Ave N, Keizer, OR, 97303 | $199/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

530 Larry Ave N, Keizer, OR, 97303 | $199/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1384 sft

2034 Elmwood Dr S, Salem, OR, 97306

2 Bed
2 Bath
1460 sft

2866 Talbot Rd S, Jefferson, OR, 97352

3 Bed
2 Bath
1538 sft

920 Orchardview Ave NW, Salem, OR, 97304

3 Bed
2 Bath
1305 sft

5530 Bryce St SE, Salem, OR, 97306

Nearby investment properties with comparable prices

3 Bed
2 Bath
1373 sft

5305 Red Leaf Dr S, Salem, OR, 97306

Slayton Plan, Meadowview : The August Collection

3 Bed
3 Bath
1691 sft

Slayton Plan, Meadowview : The August Collection, Eugene, OR, 97402

4 Bed
3 Bath
2086 sft

898 Morning Glory Dr, Independence, OR, 97351

3 Bed
2 Bath
1304 sft

2388 Westminster Ave NW, Salem, OR, 97304

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Keizer at 530 Larry Ave N, Keizer, OR, 97303 generates $2,794/mo in rent and, after a $2,104/mo payment, leaves $199/mo in cash flow. Total monthly income is $2,794/mo, and annual cash flow is $2,390/yr on $142,512 invested. Return on cash invested sits at 21.59% in year one, and rental yield is 7.8% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 111.66% and total cumulative return in cash sums $159,127. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,794/mo property income rather than buyer’s personal income.

Single Family

Built in 1961

10,716 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated home in a sought-after neighborhood near Sunset Park and the Willamette. Features include granite countertops, hardwood floors, modern cabinetry, stainless appliances, and fresh paint. Major updates already done. Roof and furnace (2016), AC (2019), windows (2020). Enjoy a spacious fenced backyard with raised garden beds, rose garden, a fire-pit area, and RV parking. ADU potential too!

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