141 S 17th St #44 · Independence, OR
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $498 – $926
Heat risk 4/10 · Minor
- Hot days now (above 92°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 9/10 · Severe
- Unhealthy air days now
- 11 days/yr
- Unhealthy air days in 30 yrs
- 11 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Rent growth +3.8/5.0
- Livability +3.2/5.0
- Schools +3.1/10.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$92,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Enjoy an open galley kitchen with stainless-steel appliances, a spacious living room filled with natural light, and a dining area that fits a large table plus built-in storage. A separate laundry room provides additional storage. Two well-sized bedrooms include a primary suite with walk-in closet and private bath; the hall bath offers a tub/shower combo. Large, fully fenced lot—walking distance to shopping. Park has storage areas available, plus water, sewer, and garbage are included in the park rent. If you’re in the market for a starter home or looking to downsize, this is one you’ll want to see! The open-concept layout gives you plenty of space to make your own, and the price allows for updates at your own pace. The carport fits your vehicle and includes an extra storage room. The backyard is surprisingly spacious—something you can’t tell just from driving by. The seller is ready to work with a buyer’s agent and has even left a little room in the price for a paint or flooring credit.
Key facts
- Natural lighting
- Updated kitchen
- Garage
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $92k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $657 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $92k).
- Recommended offer: $81k (12.0% below list) — sets the bar for market timing.
- Cap rate 14.9% vs local median 3.4% in Independence — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 65/100 on livability (#194 in OR) — a middle-class / working-renter tenant base. Strengths: housing A+, commute A, crime B; Watch: employment D+, health & safety D+, schools F.
- Central SD 13J (town): math 26% / reading 41% proficiency, ranked #149 of 183 in OR (top 81%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising fast (+5.4%/yr); 47 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 177 units permitted in Polk County in 2024 (14 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $636 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Polk County population projected at +25% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 5.4% rent growth), your $26k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 143 days — a 12% lower offer ($81k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $37k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Questions for the listing agent
- It's been on market 143 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.78% ✓
- Cap rate
- 14.86%
- Cash-on-cash
- 30.59%
- DSCR
- 2.36
- GRM
- 4.7
CMA / ARV
- ARV (median comp)
- $116,500
- List price
- $92,000
- Delta
- -21.03%
- Verdict
- UNDERPRICED
- Comps
- 9 within 1.0 mi
Show comp detail 10 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 141 S 17th St #64 | 0.01mi | 3/1.5 (+1) | 1,008 (-4%) | 10mo | $134,500 | $133 | 77 |
| 141 S 17th St #7 | 0.02mi | 2/2.0 | 924 (-12%) | 3mo | $90,000 | $97 | 76 |
| 141 S 17th St #15 | 0.04mi | 3/2.0 (+1) | 1,188 (+12%) | 7mo | $180,000 | $152 | 66 |
| 141 S 17th St #48 | 0.04mi | 2/1.5 | 924 (-12%) | 11mo | $135,000 | $146 | 66 |
| 141 S 17th St #50 | 0.02mi | 2/2.0 | 924 (-12%) | 16mo | $127,500 | $138 | 64 |
| 151 Edward Rd S #71 | 0.50mi | 2/2.0 | 960 (-9%) | 20mo | $40,000 | $42 | 45 |
| 235 Edwards Rd #99 | 0.55mi | 2/2.0 | 924 (-12%) | 11mo | $80,000 | $87 | 45 |
| 1220 Monmouth St #13 | 0.55mi | 3/2.0 (+1) | 1,160 (+10%) | 19mo | $195,000 | $168 | 37 |
| 277 Edwards Rd | 0.55mi | 3/1.0 (+1) | 924 (-12%) | 22mo | $86,000 | $93 | 26 |
| 277 Edwards Rd S #136 | 0.58mi | 3/1.0 (+1) | 924 (-12%) | 22mo | $86,000 | $93 | 24 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 5.37% rent growth · sell at horizon
- IRR
- 28.0%
- Equity multiple
- 2.20×
- Total profit
- $30,935
- Equity at exit
- $13,717
- IRR
- 36.8%
- Equity multiple
- 4.81×
- Total profit
- $98,097
- Equity at exit
- $7,954
Cash invested: $25,760 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 28 Tenant-Leaning
- State Oregon
- 28 Tenant-Leaning · D+6
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 97351
- Home prices YoY
- -24.8%
- Rents YoY
- 5.4%
- Active inventory
- 47
- Price-to-rent
- 4.7×
Monthly cashflow live
- Estimated rent
- $1,636 high interval (Pro) →
- Mortgage (P&I)
- −$482
- Tax est. 1.5%
- −$115 /mo · $1,380/yr
- Insurance
- −$38
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$344
- Net cashflow
- $657
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $23,000
- Closing costs
- $2,760
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 31 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1630 Monmouth St Unit 1630-20 Independence, OR | 2.0 | 1.5 | 900 | $1,375 | $1.53 | 23d | 1 | 0.18mi |
| 1630 Monmouth St Independence, OR | 2.0 | 1.5 | 900 | $1,375 | $1.53 | 13d | 1 | 0.18mi |
| 205 N Gun Club Rd Unit 123 Independence, OR | 2.0 | 1.0 | 868 | $1,400 | $1.61 | 23d | 1 | 0.42mi |
| 675 White Oak Cir Independence, OR | 2.0 | 2.0 | 923 | $1,675 | $1.81 | 13d | 5 | 0.42mi |
| 314 Monmouth Independence Hwy Monmouth, OR | 3.0 | 1.0 | 1100 | $1,795 | $1.63 | 43d | 1 | 0.44mi |
| 1439 Falcon Loop Unit 1439 Independence, OR | 3.0 | 2.5 | 1262 | $1,895 | $1.50 | 23d | 1 | 0.49mi |
| 1408 Falcon Loop Unit 1408 Independence, OR | 3.0 | 2.0 | 1056 | $1,795 | $1.70 | 13d | 1 | 0.50mi |
| 1400 E St Independence, OR | 2.0–3.0 | 1.0–2.0 | 962 | $1,525 | $1.59 | 13d | 2 | 0.50mi |
| 1422 Marigold Dr Independence, OR | 3.0 | 2.5 | 1380 | $1,995 | $1.45 | 43d | 1 | 0.53mi |
| 1021 Main St E Unit 1021-1 Monmouth, OR | 2.0 | 1.0 | 800 | $1,450 | $1.81 | 43d | 1 | 0.67mi |
| 523 Catron St N Unit 523-05 Monmouth, OR | 2.0 | 2.0 | 1090 | $1,450 | $1.33 | 23d | 1 | 0.82mi |
| 523 Catron St N Unit 523-11 Monmouth, OR | 2.0 | 2.0 | 1090 | $1,400 | $1.28 | 43d | 1 | 0.82mi |
| 501 Catron St N Monmouth, OR | 2.0 | 2.0 | 1090 | $1,450 | $1.33 | 13d | 1 | 0.82mi |
| 537 Catron St N Unit 537-05 Monmouth, OR | 2.0 | 2.0 | 1090 | $1,400 | $1.28 | 43d | 1 | 0.85mi |
| 468 Catron St N Monmouth, OR | 3.0 | 2.5 | 1300 | $1,895 | $1.46 | 13d | 1 | 0.88mi |
| 163 Catron St N Unit 163-02 Monmouth, OR | 2.0 | 1.0 | 760 | $1,395 | $1.84 | 43d | 1 | 0.91mi |
| 331 Broad St N Unit 331-3 Monmouth, OR | 2.0 | 1.5 | 1188 | $1,395 | $1.17 | 43d | 1 | 0.98mi |
| 242 Jackson St E Unit B Monmouth, OR | 2.0 | 1.0 | 877 | $1,650 | $1.88 | 13d | 1 | 1.05mi |
| 130 Main St W Monmouth, OR | 2.0 | 1.0 | 750 | $1,499 | $2.00 | 13d | 1 | 1.20mi |
| 800 S 4th St Unit 800-08 Independence, OR | 2.0 | 1.0 | 775 | $1,250 | $1.61 | 23d | 1 | 1.27mi |
| 263 Gwinn St E Unit 263 Monmouth, OR | 3.0 | 2.5 | 1250 | $1,795 | $1.44 | 23d | 1 | 1.27mi |
| 312 Hoxton Ave Unit 3bd/2ba_1,149sq Monmouth, OR | 3.0 | 2.0 | 1149 | $2,150 | $1.87 | 13d | 1 | 1.27mi |
| 308 Hoxton Ave Unit 2bd/2ba_880sq Monmouth, OR | 2.0 | 2.0 | 880 | $1,720 | $1.95 | 13d | 1 | 1.27mi |
| 304 Hoxton Ave Unit 2bd/2ba_771sq Monmouth, OR | 2.0 | 2.0 | 771 | $1,500 | $1.95 | 13d | 1 | 1.27mi |
| 219 S Monmouth Ave Unit 212 Monmouth, OR | 2.0 | 1.0 | 980 | $1,499 | $1.53 | 43d | 1 | 1.27mi |
| 300 Hoxton Ave #202 Monmouth, OR | 3.0 | 2.0 | 1149 | $2,150 | $1.87 | 43d | 1 | 1.27mi |
| 300 Hoxton Ave Monmouth, OR | 2.0–3.0 | 2.0 | 960 | $1,500 | $1.56 | 13d | 9 | 1.27mi |
| 336 Whitesell St W Unit 336-7 Monmouth, OR | 2.0 | 2.0 | 800 | $1,400 | $1.75 | 23d | 1 | 1.33mi |
| 479 S Monmouth Ave Unit 479-18 Monmouth, OR | 2.0 | 1.5 | 996 | $1,545 | $1.55 | 23d | 1 | 1.33mi |
| 475 Jackson St W Monmouth, OR | 1.0 | 1.0 | 700 | $1,050 | $1.50 | 43d | 1 | 1.44mi |
| 75 C St Independence, OR | 1.0–2.0 | 1.0–2.0 | 946 | $2,250 | $2.38 | 13d | 8 | 1.45mi |
Listing history 23 events
-
2026-06-18days on market $92,000 Active 143 DOM
-
2026-06-17days on market $92,000 Active 142 DOM
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2026-06-16days on market $92,000 Active 141 DOM
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2026-06-15days on market $92,000 Active 140 DOM
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2026-06-14pricedays on market $92,000 Active 138 DOM
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2026-06-10days on market $99,000 Active 135 DOM
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2026-06-09days on market $99,000 Active 134 DOM
-
2026-06-08days on market $99,000 Active 133 DOM
-
2026-06-07days on market $99,000 Active 132 DOM
-
2026-06-05days on market $99,000 Active 129 DOM
-
2026-06-03days on market $99,000 Active 128 DOM
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2026-06-02days on market $99,000 Active 127 DOM
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2026-06-01days on market $99,000 Active 126 DOM
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2026-05-31days on market $99,000 Active 125 DOM
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2026-05-30days on market $99,000 Active 124 DOM
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2026-05-07price $107,000 1037-char remark
Show marketing remark (1037 chars)
Enjoy an open galley kitchen with stainless-steel appliances, a spacious living room filled with natural light, and a dining area that fits a large table plus built-in storage. A separate laundry room provides additional storage. Two well-sized bedrooms include a primary suite with walk-in closet and private bath; the hall bath offers a tub/shower combo. Large, fully fenced lot—walking distance to shopping. Park has storage areas available, plus water, sewer, and garbage are included in the park rent. If you’re in the market for a starter home or looking to downsize, this is one you’ll want to see! The open-concept layout gives you plenty of space to make your own, and the price allows for updates at your own pace. The carport fits your vehicle and includes an extra storage room. The backyard is surprisingly spacious—something you can’t tell just from driving by. The seller is ready to work with a buyer’s agent and has even left a little room in the price for a paint or flooring credit.
-
2026-04-20price $109,000 1037-char remark
Show marketing remark (1037 chars)
Enjoy an open galley kitchen with stainless-steel appliances, a spacious living room filled with natural light, and a dining area that fits a large table plus built-in storage. A separate laundry room provides additional storage. Two well-sized bedrooms include a primary suite with walk-in closet and private bath; the hall bath offers a tub/shower combo. Large, fully fenced lot—walking distance to shopping. Park has storage areas available, plus water, sewer, and garbage are included in the park rent. If you’re in the market for a starter home or looking to downsize, this is one you’ll want to see! The open-concept layout gives you plenty of space to make your own, and the price allows for updates at your own pace. The carport fits your vehicle and includes an extra storage room. The backyard is surprisingly spacious—something you can’t tell just from driving by. The seller is ready to work with a buyer’s agent and has even left a little room in the price for a paint or flooring credit.
-
2026-03-20price $115,000 1037-char remark
Show marketing remark (1037 chars)
Enjoy an open galley kitchen with stainless-steel appliances, a spacious living room filled with natural light, and a dining area that fits a large table plus built-in storage. A separate laundry room provides additional storage. Two well-sized bedrooms include a primary suite with walk-in closet and private bath; the hall bath offers a tub/shower combo. Large, fully fenced lot—walking distance to shopping. Park has storage areas available, plus water, sewer, and garbage are included in the park rent. If you’re in the market for a starter home or looking to downsize, this is one you’ll want to see! The open-concept layout gives you plenty of space to make your own, and the price allows for updates at your own pace. The carport fits your vehicle and includes an extra storage room. The backyard is surprisingly spacious—something you can’t tell just from driving by. The seller is ready to work with a buyer’s agent and has even left a little room in the price for a paint or flooring credit.
-
2026-03-19status Active 1037-char remark
Show marketing remark (1037 chars)
Enjoy an open galley kitchen with stainless-steel appliances, a spacious living room filled with natural light, and a dining area that fits a large table plus built-in storage. A separate laundry room provides additional storage. Two well-sized bedrooms include a primary suite with walk-in closet and private bath; the hall bath offers a tub/shower combo. Large, fully fenced lot—walking distance to shopping. Park has storage areas available, plus water, sewer, and garbage are included in the park rent. If you’re in the market for a starter home or looking to downsize, this is one you’ll want to see! The open-concept layout gives you plenty of space to make your own, and the price allows for updates at your own pace. The carport fits your vehicle and includes an extra storage room. The backyard is surprisingly spacious—something you can’t tell just from driving by. The seller is ready to work with a buyer’s agent and has even left a little room in the price for a paint or flooring credit.
-
2025-12-19historical 1037-char remark
Show marketing remark (1037 chars)
Enjoy an open galley kitchen with stainless-steel appliances, a spacious living room filled with natural light, and a dining area that fits a large table plus built-in storage. A separate laundry room provides additional storage. Two well-sized bedrooms include a primary suite with walk-in closet and private bath; the hall bath offers a tub/shower combo. Large, fully fenced lot—walking distance to shopping. Park has storage areas available, plus water, sewer, and garbage are included in the park rent. If you’re in the market for a starter home or looking to downsize, this is one you’ll want to see! The open-concept layout gives you plenty of space to make your own, and the price allows for updates at your own pace. The carport fits your vehicle and includes an extra storage room. The backyard is surprisingly spacious—something you can’t tell just from driving by. The seller is ready to work with a buyer’s agent and has even left a little room in the price for a paint or flooring credit.
-
2025-11-18price $126,500 1037-char remark
Show marketing remark (1037 chars)
Enjoy an open galley kitchen with stainless-steel appliances, a spacious living room filled with natural light, and a dining area that fits a large table plus built-in storage. A separate laundry room provides additional storage. Two well-sized bedrooms include a primary suite with walk-in closet and private bath; the hall bath offers a tub/shower combo. Large, fully fenced lot—walking distance to shopping. Park has storage areas available, plus water, sewer, and garbage are included in the park rent. If you’re in the market for a starter home or looking to downsize, this is one you’ll want to see! The open-concept layout gives you plenty of space to make your own, and the price allows for updates at your own pace. The carport fits your vehicle and includes an extra storage room. The backyard is surprisingly spacious—something you can’t tell just from driving by. The seller is ready to work with a buyer’s agent and has even left a little room in the price for a paint or flooring credit.
-
2025-11-04price $128,000 1037-char remark
Show marketing remark (1037 chars)
Enjoy an open galley kitchen with stainless-steel appliances, a spacious living room filled with natural light, and a dining area that fits a large table plus built-in storage. A separate laundry room provides additional storage. Two well-sized bedrooms include a primary suite with walk-in closet and private bath; the hall bath offers a tub/shower combo. Large, fully fenced lot—walking distance to shopping. Park has storage areas available, plus water, sewer, and garbage are included in the park rent. If you’re in the market for a starter home or looking to downsize, this is one you’ll want to see! The open-concept layout gives you plenty of space to make your own, and the price allows for updates at your own pace. The carport fits your vehicle and includes an extra storage room. The backyard is surprisingly spacious—something you can’t tell just from driving by. The seller is ready to work with a buyer’s agent and has even left a little room in the price for a paint or flooring credit.
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2025-10-27$129,000 Active 1037-char remark
Show marketing remark (1037 chars)
Enjoy an open galley kitchen with stainless-steel appliances, a spacious living room filled with natural light, and a dining area that fits a large table plus built-in storage. A separate laundry room provides additional storage. Two well-sized bedrooms include a primary suite with walk-in closet and private bath; the hall bath offers a tub/shower combo. Large, fully fenced lot—walking distance to shopping. Park has storage areas available, plus water, sewer, and garbage are included in the park rent. If you’re in the market for a starter home or looking to downsize, this is one you’ll want to see! The open-concept layout gives you plenty of space to make your own, and the price allows for updates at your own pace. The carport fits your vehicle and includes an extra storage room. The backyard is surprisingly spacious—something you can’t tell just from driving by. The seller is ready to work with a buyer’s agent and has even left a little room in the price for a paint or flooring credit.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 4/10 Moderate 7 d/yr ≥92°F today · 14 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 9/10 Extreme 11 unhealthy d/yr today · 11 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,633
- − Mortgage interest
- −$5,153
- − Property taxes
- −$1,380
- − Insurance
- −$460
- − Repairs & maintenance
- −$1,571
- − Management
- −$1,571
- − Depreciation
- −$2,676
- Taxable income
- $6,822
- Est. tax owed @ 24.0%
- −$1,637
- After-tax cash flow
- $6,243/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
This manufactured home requires moderate rehabilitation to improve its condition and increase its value. Exterior siding, interior walls, and flooring are in poor condition and need significant repairs.
Repairs flagged
- Major exterior siding — Significant wear and tear
- Major interior walls — Visible wear and tear
- Major flooring — Worn-out carpet
Value-add opportunities
- Both exterior siding replacement — Enhances curb appeal and value
- Both interior paint job — Refreshes the interior and adds value
- Both new flooring — Improves comfort and adds value
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| exterior siding · Significant wear and tear | Major | $15,000–50,000 |
| interior walls · Visible wear and tear | Major | $15,000–50,000 |
| flooring · Worn-out carpet | Major | $15,000–50,000 |
| Total estimated repair cost · 3 items | $45,000–150,000 |
Value-add ROI direction
- Both exterior siding replacement — Enhances curb appeal and value ↑
- Both interior paint job — Refreshes the interior and adds value ↑
- Both new flooring — Improves comfort and adds value ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Central SD 13J
- NCES district ID
- 4102840
- Math proficiency
- 26% ▼ -3.00%
- Reading proficiency
- 41% ▼ -2.00%
- Median HH income
- $42,374
- Composite
- 31.04/100
- National rank
- #11310
- State rank
- #149 of 183 in OR
Livability — Independence
- Score
- 65/100
- State rank
- #194
- US rank
- #12576
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Independence, OR
- County
- Polk County · 84,240 people
- City population
- 11,454
- Metro
- Salem, OR
- Population (ZIP)
- 11,454
- Household income
- $88,519
- Rent vs Own
- Severe rent burden
- 211.0
Population outlook (Polk County) Hauer SSP2
- Today (2025)
- 88,594 people
- By 2030
- 93,209 · +5.2%
- By 2040
- 101,942 · +15.1%
- By 2050
- 110,395 · +24.6%
- By 2075
- 131,091 · +48.0%
- By 2100
- 141,746 · +60.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.55)
- Race & ethnicity
- White 57% Hispanic / Latino 36% Two or more races 14% Native American 1%
- Hispanic origin (detail)
- Mexican 33% Puerto Rican 1%
- Common ancestry
- Italian 3% Slovak 2% Portuguese 2%
- Foreign-born
- 9% · Canada, Dominican Republic
- Languages at home
- 77% English-only · Spanish 22%
Political lean MEDSL · Polk
- 2024 margin
- Toss-up / Even · D 46.6% · R 50.4% · Other 3.0%
- 2008→2024 swing
- -3.3pp toward R · 2008: -0.5pp · 2024: -3.8pp
- All cycles
- 2024: R+3.8 2020: R+1.7 2016: R+7.0 2012: R+4.8 2008: R+0.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -114.45%
- Current HPI
- 346.7564
- Rent YoY
- ▲ 5.37%
- Metro
- Salem, OR
- State GDP YoY
- ▲ 2.05%
- F500 in state
- 2
Industry mix (Fortune 500 HQ in OR)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Consumer Goods | 1 | $51B |
|
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Price history
-17.1% since first listed8 events — show timeline
- 2026-05-07 Price Changed $107,000 WVMLS
- 2026-04-20 Price Changed $109,000 WVMLS
- 2026-03-20 Price Changed $115,000 WVMLS
- 2026-03-19 Relisted — WVMLS
- 2025-12-19 Listing Removed — WVMLS
- 2025-11-18 Price Changed $126,500 WVMLS
- 2025-11-04 Price Changed $128,000 WVMLS
- 2025-10-27 Listed $129,000 WVMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…