1384 David AveEugeneOR97404
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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 Eugene at 1384 David Ave, Eugene, OR, 97404 offers a 7.91% rental yield on a $364,000 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,782/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,429/yr on $120,666 to close, and return on cash invested stands at 21.92% in year one. Equity gained on principal adds $2,349/yr while 5% annual appreciation supports $100,566 over five years. Portfolio math shows five-year ROI at 113.45% and total cumulative return in cash at $136,901. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,782/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97404, Eugene, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,381 (100%) |
| Owner Occupied HU | 9,823 (68.3%) |
| Renter Occupied HU | 4,183 (29.1%) |
| Vacant Housing Units | 375 ( 2.6%) |
| Median Home Value | $460,916 |
| Average Home Value | $537,222 |
Housing Distribution
Address Breakdown
Residential
14,133
Single Family
13,469
Multi-Family
664
Businesses
652
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