2610/2620 Elinor StEugeneOR97403
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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 2610/2620 Elinor St, Eugene, OR, 97403 generates $4,020/mo in rent and, after a $2,814/mo payment, leaves $550/mo in cash flow. Total monthly income is $4,020/mo, and annual cash flow is $6,594/yr on $189,175 invested. Return on cash invested sits at 23.55% in year one, and rental yield is 8.39% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 122.11% and total cumulative return in cash sums $231,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97403, Eugene, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,509 (100%) |
| Owner Occupied HU | 2,181 (39.6%) |
| Renter Occupied HU | 2,868 (52.1%) |
| Vacant Housing Units | 460 ( 8.3%) |
| Median Home Value | $585,035 |
| Average Home Value | $566,834 |
Housing Distribution
Address Breakdown
Residential
4,908
Single Family
3,962
Multi-Family
946
Businesses
263
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