550 Churchdale Ave NKeizerOR97303
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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
Investment Highlights
Rental property for sale in Keizer at 550 Churchdale Ave N, Keizer, OR, 97303 priced at $359,900 converts $2,424/mo rent into $251/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,424/mo, and annual cash flow totals $3,013/yr on $119,307 invested. Return on cash invested prints 22.43% in year one, and rental yield reads 8.08% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 116.23% and total cumulative return in cash sums $138,674. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,424/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1958
7,841 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,041
Single Family
15,026
Multi-Family
1,015
Businesses
922
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