1500 Norkenzie Rd APT 74EugeneOR97401
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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 1500 Norkenzie Rd APT 74, Eugene, OR, 97401 earns $129/mo cash flow from $1,849/mo rent with a $1,395/mo payment. Total monthly income totals $1,849/mo, and annual cash flow totals $1,543/yr on $94,478 capital. ROI tracks 21.54% on current figures, and rental yield reads 7.79% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 111.42% and total cumulative return in cash sums $105,270. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,849/mo property income instead of your personal income.
Townhouse
Built in 1971
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97401, Eugene, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,309 (100%) |
| Owner Occupied HU | 6,687 (27.5%) |
| Renter Occupied HU | 15,687 (64.5%) |
| Vacant Housing Units | 1,935 ( 8.0%) |
| Median Home Value | $575,282 |
| Average Home Value | $619,876 |
Housing Distribution
Address Breakdown
Residential
22,885
Single Family
15,844
Multi-Family
7,041
Businesses
2,975
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