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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 859 Harbour Ln NE, Keizer, OR, 97303 with 5% annual appreciation on a $484,900 basis while $2,948/mo rent supports operations. 56% in year one. Equity gained on principal adds $3,129/yr, and five-year appreciation sums $133,969 alongside rental yield of 7.3%. Five-year ROI measures 100.97% and total cumulative return in cash totals $162,307. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,948/mo property income versus a $2,373/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
4,266 sqft lot
$N/A/sqft
$68 monthly 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 |
|---|---|---|
| 2025-05-27 | Listed for sale | $484,900 |
| 2016-04-25 | Sold | $250,000 |
| 2016-03-16 | Pending sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-29 | $4090.66 | 3.19% | $231,690 | N/A |
| 2022-05-29 | $3964.11 | 1.26% | $231,690 | 3.00% |
| 2021-05-29 | $3914.74 | 6.57% | $224,950 | 6.09% |
Listed by: ERIC FISKUM • Re/Max Integrity - Salem
Mls Name: WVMLS
Mls Provider:
Mls ID: #829427
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.
