3700 Babcock Ln Space 87EugeneOR97401
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Eugene rentals match the income profile of 3700 Babcock Ln Space 87, Eugene, OR, 97401. Listed at $250,000, gross rent is $2,394/mo and net cash flow is $885/mo, a 11.49% yield well above national averages. DSCR 2.13 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $69,070 by year five with $2,303/yr in annual principal reduction, projecting $151,609 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.8% |
| Monthly Cash Flow | $885 | $420 |
City averages based on Eugene market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,394 |
| Total Monthly Debt Service | $1,410 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1993
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1993
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices