LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,838
Monthly Cash Flow
-$915
Principal + Equity
$3,064
Annual Total Gain
$25,787
Cash on Cash
-9.33%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Healthiest Cities in America
#52out of 229 markets
Healthiest Places to Live in America
#52out of 230 markets
Cities with the Best Public Schools in America
#64out of 229 markets
B
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Eugene, OR.
In Eugene, Oregon, Short Term Rentals (STRs) are regulated by the city's Land Use Code. Here are some key regulations that an investor should be aware of before purchasing a property for STR use in Eugene:
1. Zoning: STRs are only allowed in certain zones in Eugene. Investors should check the city's zoning map to ensure that the property they are considering purchasing is located in a zone that permits STRs.
2. Licensing: All STRs in Eugene must be licensed with the city. This includes paying an annual fee and meeting certain requirements, such as having a designated local contact person for guests.
3. Occupancy limits: There are occupancy limits for STRs in Eugene, which vary depending on the size of the property. Investors should be aware of these limits and ensure that their property complies with them.
4. Noise regulations: Eugene has noise regulations that apply to all properties, including STRs. Investors should be aware of these regulations and ensure that their property is in compliance.
5. Parking requirements: STRs in Eugene must provide a certain number of off-street parking spaces for guests. Investors should ensure that their property meets these requirements.
6. Safety regulations: STRs in Eugene must meet certain safety requirements, such as having working smoke detectors and fire extinguishers. Investors should ensure that their property is up to code in terms of safety.
7. Taxation: STRs in Eugene are subject to transient room taxes, which must be collected and remitted to the city. Investors should be aware of these tax obligations and factor them into their financial planning.
Overall, investors considering purchasing a property for STR use in Eugene should thoroughly research and understand the city's regulations and requirements to ensure compliance and avoid any potential legal issues.
Market Trends Over Time
Explore 25 years of market data for Eugene, OR, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Eugene, OR.
The LTR Genie Score of Eugene, OR is 55, indicating a moderate level of rentability for long-term rental properties. The STR Genie Score is 46, suggesting a lower level of rentability for short-term rental or Airbnb properties. The LTR Net ROI of 21.89% and STR Net ROI of 21.88% are quite close, indicating similar potential returns for both rental strategies. The 1-Year Price Appreciation Forecast of 0.75% is relatively low, but the STR Occupancy rate of 54.84% and STR Revenue of 2160 show some potential for short-term rental income.
Eugene, OR is a college town known for its outdoor recreational opportunities and vibrant arts scene. The University of Oregon is a major economic driver in the area, attracting students and faculty members in need of housing.
Based on the metrics provided, Eugene, OR may be more attractive for short-term rental investment due to the higher potential for rental income and occupancy rates. However, the moderate LTR Genie Score suggests that long-term rental properties could still be a viable option for investors looking for more stable, consistent returns. Ultimately, a combination of both long-term and short-term rental properties could provide diversification and maximize potential returns in the Eugene market.
LTR Genie Score 74
$349,000
🛏 4 Beds🛁 2.0000 Baths🏙 2,214 sqft.🏠 SINGLE FAMILY
