Is Independence, OR a good place to invest in rental property?

Independence, OR has a median modeled monthly cash flow of $-933 and a median cap rate of 3.4%, on a median sold price of $415,000. Prices changed +8.0% year over year.

What is the average cap rate in Independence, OR?

The median cap rate across recently sold homes in Independence, OR is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Independence, OR?

The median sold price in Independence, OR is $415,000 (about $283 per square foot).

Investing in Independence, OR Real Estate

A data-driven snapshot of the Independence, OR rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$415,000Median sold price

$283Median $/sqft

3.4%Median cap rate

$-933Modeled cash flow / mo

+8.0%Appreciation YoY

6.1Months of supply

49Active listings

97Sold (last 12 mo)

What the Independence numbers say

In Independence, OR, the median home sold for $415,000 (about $283 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-933 of monthly cash flow. Sold prices moved +8.0% over the past year. Inventory sits at about 6.1 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Oregon markets to compare

See Independence cash-flowing listings

CashFlowRE ranks every for-sale home in Independence, OR by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Independence deals, or browse the national market data.