1909 Elkhorn Dr, Eugene, OR, 97408 | 5.03% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1909 Elkhorn Dr, Eugene, OR, 97408 | 5.03% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,220/mo, and a $2,594/mo payment. Purchase price stands at $529,999, and rental yield measures 5.03% with $2,220/mo rent. Return on cash invested shows 13.32% in year one, and 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 67.28% and total cumulative return in cash records $117,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $2,594/mo payment rather than investor’s personal income.

Single Family

Built in 2019

3,049 sqft lot

$N/A/sqft

No HOA

More details about the property

NEW TO MARKET! MODERN URBAN FARMHOUSE! This Jordan Iverson designed "Reversed Living" plan home offers a unique and modern urban loft-style design with a thoughtful layout across two levels: Main (Lower) Level: Welcoming entry with a sitting area, art wall, and shoe storage. Large guest or flex bedroom that can serve as a home office. Full bath, laundry room, and workstation area. Direct access to a private patio, rear common area, and yard, perfect for gardening or walking a dog. Upper Level Features: Vaulted ceilings provide privacy and natural light in every room. Great room, dining area, kitchen, and powder bathroom. Spa-like master suite with a walk-in closet, tiled walk-in shower, dual vanities with Caesarstone quartz counters, tiled floors, and a private toilet. Covered outdoor patio extending off the great room, ideal for year-round BBQs and lounging. Convenient espresso station or bar space between the great room and master suite. This design offers both functionality and style, making it ideal for modern living and a truly unique opportunity that won't come along again!

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