2350 N Terry St SPACE 88EugeneOR97402
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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 2350 N Terry St SPACE 88, Eugene, OR, 97402 generates $1,298/mo in rent and, after a $808/mo payment, leaves $302/mo in cash flow. Total monthly income is $1,298/mo, and annual cash flow is $3,619/yr on $54,698 invested. Return on cash invested sits at 26.53% in year one, and rental yield is 9.44% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 138.13% and total cumulative return in cash sums $75,551. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,298/mo property income rather than buyer’s personal income.
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No 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
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