Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Keizer at 969 Parkmeadow Dr NE, Keizer, OR, 97303 offers $3,067/mo rent that, after a $2,838/mo payment. Total monthly income is $3,067/mo. Return on cash invested measures 17.31% in year one, and rental yield stands at 6.35% at a $579,900 entry. Equity gained on principal adds $3,742/yr while 5% annual appreciation compounds into $160,216 by year five. Five-year ROI records 88.67% and total cumulative return in cash reaches $169,165. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,067/mo property income versus a $2,838/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
7,007 sqft lot
$N/A/sqft
$50 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $579,900 |
| 2025-03-14 | Listing removed | $3,350 |
| 2025-02-15 | Price change | $3,350 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-22 | $4982.29 | 2.98% | $288,060 | N/A |
| 2022-04-22 | $4837.93 | 3.23% | $288,060 | 3.00% |
| 2021-04-22 | $4686.57 | 2.71% | $279,670 | 6.08% |
Listed by: BRITTANY LEMON FINLEY • Exp Realty, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #827847
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.
