124 Paxon AveEagle PtOR97524
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 124 Paxon Ave, Eagle Pt, OR, 97524 in Eagle Pt is listed at $349,000 and delivers $2,400/mo in rent and $293/mo in net monthly cash flow. The 8.25% yield and 1.53 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $96,422 over five years, and $3,214/yr in principal reduction supplements cash return. Total projected cumulative return: $151,022.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $293 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $1,968 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97524, Eagle Point, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,769 (100%) |
| Owner Occupied HU | 5,062 (74.8%) |
| Renter Occupied HU | 1,361 (20.1%) |
| Vacant Housing Units | 346 ( 5.1%) |
| Median Home Value | $504,183 |
| Average Home Value | $567,364 |
Housing Distribution
Address Breakdown
Residential
6,233
Single Family
6,037
Multi-Family
196
Businesses
305
Nearby investment properties with comparable rents
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
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97524, Eagle Point, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,769 (100%) |
| Owner Occupied HU | 5,062 (74.8%) |
| Renter Occupied HU | 1,361 (20.1%) |
| Vacant Housing Units | 346 ( 5.1%) |
| Median Home Value | $504,183 |
| Average Home Value | $567,364 |
Housing Distribution
Address Breakdown
Residential
6,233
Single Family
6,037
Multi-Family
196
Businesses
305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices