347 Rustic Pl APT 1EugeneOR97401
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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 347 Rustic Pl APT 1, Eugene, OR, 97401 generates $2,515/mo in rent and, after a $2,031/mo payment, leaves $10/mo in cash flow. Total monthly income is $2,515/mo, and annual cash flow is $124/yr on $137,539 invested. Return on cash invested sits at 20% in year one, and rental yield is 7.27% on a $414,900 entry. Equity gained on principal adds $2,677/yr, while 5% annual appreciation builds toward $114,629 over five years. Five-year ROI reaches 103.14% and total cumulative return in cash sums $141,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,515/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97401, Eugene, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,309 (100%) |
| Owner Occupied HU | 6,687 (27.5%) |
| Renter Occupied HU | 15,687 (64.5%) |
| Vacant Housing Units | 1,935 ( 8.0%) |
| Median Home Value | $575,282 |
| Average Home Value | $619,876 |
Housing Distribution
Address Breakdown
Residential
22,885
Single Family
15,844
Multi-Family
7,041
Businesses
2,975
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