695 Shannon Ct NEKeizerOR97303
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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
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
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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