223 Beringer CtEugeneOR97404
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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
Investment Highlights
Rental property for sale in Eugene at 223 Beringer Ct, Eugene, OR, 97404 offers $2,400/mo rent that, after a $2,838/mo payment. Total monthly income is $2,400/mo. Return on cash invested measures 13.14% in year one, and rental yield stands at 4.97% at a $579,900 entry. Equity gained on principal adds $3,742/yr while 5% annual appreciation compounds into $160,216 by year five. Five-year ROI records 66.31% and total cumulative return in cash reaches $126,505. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $2,838/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97404, Eugene, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,133
Single Family
13,469
Multi-Family
664
Businesses
652
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