




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 695 Shannon Ct NE, Keizer, OR, 97303 listed at $572,600 pairs $3,700/mo rent with a $2,803/mo payment to leave $243/mo cash flow. Total monthly income runs $3,700/mo, and annual cash flow reaches $2,919/yr on $188,385 cash to close. Return on cash invested measures 21.61% in year one, and rental yield registers 7.75% at a $572,600 basis. Equity gained on principal adds $3,695/yr, and annual property appreciation at 5% supports $158,199 by year five. Five-year ROI tracks 111.74% and total cumulative return in cash totals $210,505. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,700/mo property income relative to a $2,803/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
4,792 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-09-20 | Listing removed | $575,000 |
| 2025-08-26 | Listed for sale | $575,000 |
| 2020-07-10 | Sold | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $5456.75 | 5.05% | $322,560 | 6.09% |
| 2023-10-25 | $5194.48 | 3.01% | $304,050 | N/A |
| 2022-10-25 | $5042.53 | 3.27% | $304,050 | 3.00% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A