








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 6416 Hogan Dr N, Keizer, OR, 97303 at $685,000 posts ROI 16.54% with from $3,604/mo rent. Total monthly income equals $3,604/mo. Return on cash invested measures 16.54% and rental yield reads 6.31% at the current $685,000. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 by year five. Five-year ROI prints 84.82% and total cumulative return in cash totals $191,146. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,604/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
7,841 sqft lot
$N/A/sqft
$411 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 |
|---|---|---|
| 2025-07-01 | Sold | $685,000 |
| 2025-05-29 | Contingent | $699,900 |
| 2025-05-09 | Listed for sale | $699,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $7791.65 | 5.05% | $460,580 | 6.09% |
| 2023-10-22 | $7417.13 | N/A | $434,150 | N/A |
| 2022-10-22 | N/A | N/A | $434,150 | 3.00% |



Listed by: JERUSHA MALAER • John L. Scott-Salem
Mls Name: WVMLS
Mls Provider:
Mls ID: #828698
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.