7205 Meadowwood St NEKeizerOR97303
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Nearby investment properties with comparable prices
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 7205 Meadowwood St NE, Keizer, OR, 97303 priced at $519,000 pairs $2,662/mo rent with after a $2,540/mo payment. Total monthly income equals $2,662/mo. Return on cash invested is 16.69% in year one, and rental yield stands at 6.15% on a $519,000 basis. Equity gained on principal adds $3,349/yr, and 5% annual appreciation accumulates to $143,390 by year five. Five-year ROI measures 85.38% and total cumulative return in cash reaches $145,785. For financing, Ziffy Mortgage’s DSCR program evaluates $2,662/mo property income against a $2,540/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
7,840 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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Nearby investment properties with comparable prices
Listed by: JERRY FISHER • Re/Max Equity Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #820579
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.