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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 2622 Erin Way, Eugene, OR, 97408 generates $2,220/mo in rent, after a $2,442/mo payment. Total monthly income is $2,220/mo. Return on cash invested sits at 14.17% in year one, and rental yield is 5.34% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 71.86% and total cumulative return in cash sums $118,866. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97408, Eugene, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,221 (100%) |
| Owner Occupied HU | 4,269 (59.1%) |
| Renter Occupied HU | 2,555 (35.4%) |
| Vacant Housing Units | 397 ( 5.5%) |
| Median Home Value | $612,827 |
| Average Home Value | $630,994 |
Residential
6,812
Single Family
5,158
Multi-Family
1,654
Businesses
314
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: Kelly Cooley • Windermere RE Lane County
Mls Name: RMLS (OR)
Mls ID: #539562177
