








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 6226 Hogan Dr N, Keizer, OR, 97303 generates $4,523/mo in rent, after a $3,911/mo payment. Total monthly income is $4,523/mo. Return on cash invested sits at 17.45% in year one, and rental yield is 6.79% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 89.9% and total cumulative return in cash sums $236,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,523/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
8,000 sqft lot
$N/A/sqft
$412 annually 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 |
|---|---|---|
| 2025-06-12 | Price change | $799,000 |
| 2025-05-27 | Price change | $835,000 |
| 2025-04-18 | Listed for sale | $859,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-15 | $10586.84 | 3.01% | $619,680 | N/A |
| 2022-06-15 | $10277.13 | 3.27% | $619,680 | 3.00% |
| 2021-06-15 | $9951.43 | 2.33% | $601,640 | 3.00% |



Listed by: BRIDGET WELBORN • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #817919
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.