1880 Lake Cove AveEugeneOR97408
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
Investment Highlights
Total monthly income runs $3,714/mo, and a $3,035/mo payment. Purchase price stands at $620,000, and rental yield measures 7.19% with $3,714/mo rent. Return on cash invested shows 19.89% in year one, and 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 102.53% and total cumulative return in cash records $209,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,714/mo property income covering a $3,035/mo payment rather than investor’s personal income.
Multi Family
Built in 1998
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97408, Eugene, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,221 (100%) |
| Owner Occupied HU | 4,269 (59.1%) |
| Renter Occupied HU | 2,555 (35.4%) |
| Vacant Housing Units | 397 ( 5.5%) |
| Median Home Value | $612,827 |
| Average Home Value | $630,994 |
Housing Distribution
Address Breakdown
Residential
6,812
Single Family
5,158
Multi-Family
1,654
Businesses
314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices