4055 Royal Ave SPACE 24, Eugene, OR, 97402 | $186/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

4055 Royal Ave SPACE 24, Eugene, OR, 97402 | $186/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1984 sft

4055 Royal Ave SPACE 7, Eugene, OR, 97402

3 Bed
2 Bath
1640 sft

4055 Royal Ave SPACE 52, Eugene, OR, 97402

3 Bed
2 Bath
1000 sft

87860 Territorial Rd SPACE 17, Veneta, OR, 97487

3 Bed
2 Bath
2583 sft

4055 Royal Ave SPACE 119, Eugene, OR, 97402

Nearby investment properties with comparable prices

2 Bed
1 Bath
924 sft

25748 Wiggins Ln, Veneta, OR, 97487

2 Bed
2 Bath
1984 sft

4055 Royal Ave SPACE 7, Eugene, OR, 97402

3 Bed
2 Bath
2583 sft

4055 Royal Ave SPACE 119, Eugene, OR, 97402

3 Bed
2 Bath
1640 sft

4055 Royal Ave SPACE 52, Eugene, OR, 97402

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Eugene at 4055 Royal Ave SPACE 24, Eugene, OR, 97402 listed at $200,000 pairs $1,393/mo rent with a $979/mo payment to leave $186/mo cash flow. Total monthly income runs $1,393/mo, and annual cash flow reaches $2,228/yr on $66,300 cash to close. Return on cash invested measures 23.27% in year one, and rental yield registers 8.36% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 120.66% and total cumulative return in cash totals $80,000. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,393/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1994

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this 3-bedroom, 2-bathroom, 1,782 sq. ft. double-wide manufactured home located in the desirable Songbrook 55+ Community. This spacious home offers excellent separation of space, with the primary suite on one end and two additional bedrooms on the opposite end. The home features both a family room and living room, providing plenty of space for relaxing and entertaining. Enjoy the convenience of an indoor laundry room and a double-car garage. Recent updates include a new roof, flooring, exterior paint, and heating system all provided by the previous owner. In August 2025, the current owner added a new jetted walk-in tub and shower in the main bathroom for added comfort and accessibility.The primary suite includes double closets, dual sinks, and a walk-in shower. The kitchen is open and bright, featuring an island, skylights, double ovens, a free-standing refrigerator and range, and plenty of storage. All appliances are included. Ceiling fans are located throughout the home for year-round comfort. Sliding glass doors lead to a covered patio and a manageable yardperfect for entertaining with minimal upkeep needed. Current monthly space rent is $1,200, which includes access to the communitys wonderful amenities: a pool, spa, clubhouse, exercise room, library, billiards area, full kitchen, and beautifully maintained lake/pond with common areas. The park also offers the peace of mind of a gated entry for added security. This beautiful home combines comfort, space, and community living ready for you to move in and enjoy!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97402, Eugene, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,222 (100%)
Owner Occupied HU	11,773 (50.7%)
Renter Occupied HU	10,499 (45.2%)
Vacant Housing Units	950 ( 4.1%)
Median Home Value	$405,848
Average Home Value	$437,053