1903 W 17th AveEugeneOR97402
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 1903 W 17th Ave, Eugene, OR, 97402 in Eugene. At $228,000 it earns $1,910/mo in rent and distributes $314/mo to the owner after the $1,025/mo payment, a consistent 10.05% yield. DSCR 1.86 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $62,992 in value; $2,100/yr in principal paydown compounds ownership stake. Total projected return: $107,485.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.8% |
| Monthly Cash Flow | $314 | $420 |
City averages based on Eugene market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,910 |
| Total Monthly Debt Service | $1,506 |
| DSCR Ratio | 1.27x |
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.
Condo
Built in 1967
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97402, Eugene, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,222 (100%) |
| Owner Occupied HU | 11,773 (50.7%) |
| Renter Occupied HU | 10,499 (45.2%) |
| Vacant Housing Units | 950 ( 4.1%) |
| Median Home Value | $405,848 |
| Average Home Value | $437,053 |
Housing Distribution
Address Breakdown
Residential
23,123
Single Family
19,544
Multi-Family
3,579
Businesses
2,885
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
Condo
Built in 1967
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97402, Eugene, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,222 (100%) |
| Owner Occupied HU | 11,773 (50.7%) |
| Renter Occupied HU | 10,499 (45.2%) |
| Vacant Housing Units | 950 ( 4.1%) |
| Median Home Value | $405,848 |
| Average Home Value | $437,053 |
Housing Distribution
Address Breakdown
Residential
23,123
Single Family
19,544
Multi-Family
3,579
Businesses
2,885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LISA LANG • Premiere Property Group, Llc Albany
Mls Name: WVMLS
Mls Provider:
Mls ID: #827514
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.