2132 W 14th Ct, Eugene, OR, 97402 | $508/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2132 W 14th Ct, Eugene, OR, 97402 | $508/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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ROI

Cash Flow/m

- Bed
- Bath
- sft

1800 Lakewood Ct #VR8L63, Eugene, OR, 97402

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

Investment property for sale in Eugene at 2132 W 14th Ct, Eugene, OR, 97402 listed at $185,000 pairs $1,624/mo rent with a $905/mo payment to leave $508/mo cash flow. Total monthly income runs $1,624/mo, and annual cash flow reaches $6,093/yr on $61,328 cash to close. Return on cash invested measures 29.84% in year one, and rental yield registers 10.53% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 155.95% and total cumulative return in cash totals $95,643. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,624/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Exceptional value for this one level main floor unit with a large common area yard! Light & bright unit with kitchen open to living room. All appliances stay, including deluxe LG stack washer, dryer and newer range. The unit also boasts a newer walk-in shower and luxury vinyl plank flooring. Kitchen features granite counters and breakfast bar. Both bedrooms feature generous closets and additional storage in the built-ins. French doors guide you to a tranquil patio to enjoy the soothing sounds of Amazon Creek and rustling leaves along the adjacent walking paths.Plus there's a partially covered front patio, security system and small outdoor shed. Unit comes with its own designated covered parking space #6 and a conveniently located mailbox. Westmoreland Village is a well-operated and popular condo complex features a fitness center & community room. There are also lovely outdoor common use areas, including an outdoor kitchen/BBQ and picnic area. The HOA covers landscaping, management services, access to all the recreation and common facilities, water, sewer, and garbage! Located next to Fern Ridge bike path and on the bus-line, you'll find convenient access to all Eugene has to offer, whether shopping, great schools, entertainment, With the complex being just 3 miles from the University of Oregon this unit is ideal for an investment or owner occupy. Condo has been priced to allow further updates and is being sold "as is". Don't miss this affordable gem in a super convenient location!

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