








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Eugene at 204 Carthage Ave, Eugene, OR, 97404 offers $2,400/mo rent that, after a $2,325/mo payment. Total monthly income is $2,400/mo. Return on cash invested measures 16.35% in year one, and rental yield stands at 6.06% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 83.54% and total cumulative return in cash reaches $131,551. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97404, Eugene, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,381 (100%) |
| Owner Occupied HU | 9,823 (68.3%) |
| Renter Occupied HU | 4,183 (29.1%) |
| Vacant Housing Units | 375 ( 2.6%) |
| Median Home Value | $460,916 |
| Average Home Value | $537,222 |
Residential
14,133
Single Family
13,469
Multi-Family
664
Businesses
652
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Gary Raze • RE/MAX Integrity
Mls Name: RMLS (OR)
Mls ID: #527710070