83 Rockridge DrEugeneOR97405
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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 83 Rockridge Dr, Eugene, OR, 97405 offers $2,218/mo rent that, after a $1,680/mo payment. Total monthly income is $2,218/mo. Return on cash invested measures 17.76% in year one, and rental yield stands at 7.75% at a $343,300 entry. Equity gained on principal adds $2,215/yr while 5% annual appreciation compounds into $94,847 by year five. Five-year ROI records 92.43% and total cumulative return in cash reaches $105,190. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,218/mo property income versus a $1,680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$299 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97405, Eugene, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,569 (100%) |
| Owner Occupied HU | 13,487 (65.6%) |
| Renter Occupied HU | 5,960 (29.0%) |
| Vacant Housing Units | 1,122 ( 5.5%) |
| Median Home Value | $610,753 |
| Average Home Value | $665,497 |
Housing Distribution
Address Breakdown
Residential
19,842
Single Family
18,654
Multi-Family
1,188
Businesses
1,023
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