3855 Lancaster Dr, Eugene, OR, 97404 | $613/mo Cash Flow

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Price: $300K - 500K

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3855 Lancaster Dr, Eugene, OR, 97404 | $613/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

Investment property for sale in Eugene at 3855 Lancaster Dr, Eugene, OR, 97404 uses $149,142 cash to close to unlock $7,360/yr annual cash flow and $613/mo monthly cash flow. Total monthly income runs $3,329/mo, and a $2,202/mo payment keeps the spread at $613/mo. Purchase price stands at $449,900, and rental yield measures 8.88% with $3,329/mo rent. Return on cash invested shows 24.84% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 129.12% and total cumulative return in cash records $192,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,329/mo property income covering a $2,202/mo payment rather than investor’s personal income.

Single Family

Built in 1988

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Meet 3855 Lancaster Dr, a spacious 2-story home on just under a -acre lot with creek frontage! Theres plenty of room to relax & play both inside & out! The main floor features a living rm w/ vaulted ceilings, abundant natural light & a cozy fireplace! Also enjoy comforts of a versatile bonus/family rm, laundry/half bathroom, & a spacious updated kitchen. Upstairs, the generous primary suite offers comfort and privacy. Two parks & Irving Elementary less than a mile away.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97404, Eugene, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,381 (100%)
Owner Occupied HU	9,823 (68.3%)
Renter Occupied HU	4,183 (29.1%)
Vacant Housing Units	375 ( 2.6%)
Median Home Value	$460,916
Average Home Value	$537,222