32814 E Dixon St, Coburg, OR, 97408 | $258/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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32814 E Dixon St, Coburg, OR, 97408 | $258/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Coburg at 32814 E Dixon St, Coburg, OR, 97408 generates $2,220/mo in rent and, after a $1,591/mo payment, leaves $258/mo in cash flow. Total monthly income is $2,220/mo, and annual cash flow is $3,096/yr on $107,738 invested. Return on cash invested sits at 22.78% in year one, and rental yield is 8.2% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 118.04% and total cumulative return in cash sums $127,177. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.

Manufactured

Built in 1969

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

INVESTOR ALERT, TWO TAX LOTS IN COBURG! This delightful 2-bedroom, 1-bath doublewide manufactured home is tidy and functional! The home features a freshly poured parking pad, and an additional covered area with RV Hookup for parking your toys or small recreational vehicles, and a beautiful front yard space to welcome you home. Inside, the living room features cozy carpeting and a ceiling fan, transitioning to your dining room with built-in hutch. and the kitchen beyond. The kitchen features double sinks and a freestanding gas range. An additional space off the kitchen can be used for additional storage, a pantry, a small seating area, etc. Two bedrooms and a full bath with a step-in shower down the hall. A dedicated workshop is what really makes this home unique- with a cement floor, power, and a non-conforming bathroom space, it is the perfect area to tinker and work on your hobbies and provides plenty of room for additional storage both inside and out, with the covered lean-to. An additional tax lot included in the price adds to the future potential of this wonderful opportunity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97408, Eugene, OR area.

Housing Distribution

Housing Statistics

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