542 Fountain Ct N, Keizer, OR, 97303 | $67/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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542 Fountain Ct N, Keizer, OR, 97303 | $67/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Keizer at 542 Fountain Ct N, Keizer, OR, 97303 offers $2,933/mo rent that, after a $2,324/mo payment, leaves $67/mo cash flow. Total monthly income is $2,933/mo, and annual cash flow is $802/yr on $157,429 cash. Return on cash invested measures 20.42% in year one, and rental yield stands at 7.41% at a $474,900 entry. Equity gained on principal adds $3,064/yr while 5% annual appreciation compounds into $131,206 by year five. Five-year ROI records 105.37% and total cumulative return in cash reaches $165,887. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,933/mo property income versus a $2,324/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1990

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

OPEN HOUSE Sat. 11/15 11AM-2PM Fantastic One-Level Condo in Desirable McNary Estates Welcome home to this beautiful and spacious condo nestled on a quiet, private street in McNary Estates. This light-filled, single-level unit offers 2 bedrooms and 2 bathrooms with a bright, open floor plan and high ceilings that create a wonderful sense of space and comfort. Enjoy easy living with an inviting comfortable layout that connects the living, dining, and kitchen areas perfect for relaxing or entertaining. Fantastic One-Level Condo in Desirable McNary EstatesWelcome home to this bright and spacious single-level condo tucked away on a quiet, private street in highly sought-after McNary Estates. Thoughtfully designed for comfort and ease, this light-filled home features 2 bedrooms, 2 bathrooms, and an open floor plan with vaulted and cathedral ceilings that create an airy, inviting atmosphere.The primary suite serves as a serene retreat with a vaulted ceiling, walk-in closet, and direct access to the outdoor patio. Additional highlights include an indoor laundry room with sink and cabinets, and a 2 car garage with room for your golf cart.Enjoy a low-maintenance lifestyle in a well-maintained community surrounded by mature landscaping and located close to golf, dining, and shopping. Experience the perfect blend of comfort, style, and convenience in one of McNary Estates most desirable settings.Dont miss your opportunity to make this stunning home yours!

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