1826 Mill StEugeneOR97401
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 1826 Mill St, Eugene, OR, 97401 in Eugene worth modelling. At $579,000 with a 7.45% gross yield, the $3,594/mo rent leaves $99/mo after the $2,604/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.38 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $159,967 by year five; $5,333/yr in principal reduction adds further equity. Total projected return: $225,504.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.8% |
| Monthly Cash Flow | $99 | $420 |
City averages based on Eugene market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,594 |
| Total Monthly Debt Service | $3,265 |
| DSCR Ratio | 1.10x |
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.
Multi Family
Built in 1930
5,662 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
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
Multi Family
Built in 1930
5,662 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices