34956 Seavey Loop Rd #73 · Springfield, OR 97405

$79,500

2 bd · 2.0 ba · 924 sqft · Manufactured public records · 10 Days on market

Built 1973 Est $108k · 26% under

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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
• Livability +4.2/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Enjoy affordability, comfort, and easy living in The Village at Seavey Loop, an all ages community. As you step inside this charming 924 square foot single wide home, you'll settle into a recently remodeled interior boasting newer kitchen cabinets & counters, fresh interior paint, and sleek laminate floors throughout. Outside, enjoy the backdrop of Mt. Pisgah & Community Park from your covered porch, or make use of a refreshed landscape welcoming you with garden beds ready for your creativity! An extra deep carport with storage shed offers ample space for your vehicles and tools. Additionally, a yard shed provides even more storage solutions to enjoy and maintain your outdoor spaces. With full price offer, seller will purchase a 1 year home warranty for buyer. Buyers MUST be approved for residency by park management: Brett [phone] or Nancy Gomez 541-650-2981. Space Rent of $650/month includes Water, Sewer, & Garbage. Don't miss this opportunity to own a cozy home for under $100,000!

Key facts

• Remodeled interior
• Covered porch
• Laminate floors

Tags

• REMODELED INTERIOR
• LAMINATE FLOORS
• COVERED PORCH
• VIEWS OF MT PISGAH
• SPACIOUS CARPORT
• STORAGE SHED

Property features AI

Finance

• Other: Unit dimensions approximately 66 ft by 14 ft
• Financial info: Residential property in a manufactured home park (investor details: none provided)
• HOA & community: Association: Commonwealth; Association amenities include commons, sewer, trash and water; Located in The Village at Seavey Loop (park name); Land lease in place (expires January 31, 2027) with lot rent of $750 monthly

Exterior

• Parking: Covered carport; Extra-deep carport
• Security: No security features
• Utilities: Public water; Public sewer; Electricity and gas available; Cable internet
• Home design: Manufactured home in a park (not attached); Updated/remodeled condition; Mountain, territorial and trees/woods views
• Construction: Metal siding; Flat and metal roof; Built in 1973; Block foundation with skirting
• Exterior features: Covered patio; Porch; Fenced yard; Outbuilding; Tool shed; Private road; Yard

Interior

• Kitchen: Dishwasher; Free-standing gas range; Free-standing refrigerator; Gas appliances
• Bedrooms: Primary bedroom on main level with ceiling fan, built-in features, bathroom access, and closet; Second bedroom on main level with ceiling fan and closet
• Flooring: Laminate; Luxury vinyl plank
• Bathrooms: Two total bathrooms (one full and one partial)
• Heating & cooling: Forced air heating; No central cooling
• Interior features: High-speed internet; Laminate flooring; Luxury vinyl plank; Double-pane windows with vinyl frames; Crawl space
• Laundry & utility: Washer and dryer included; Hot water available by electricity and gas

🏷️ Possibly a rental listed for sale. The $79,500 price doesn't fit this home's estimated sale value (~$108,108) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $80k.

Deal economics

• At list price, monthly cash flow is $503 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $80k).
• Cap rate 20.3% vs local median 3.0% in Springfield — 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 83/100 on livability (#40 in OR, #934 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: crime D+, employment D+.
• Springfield SD 19 (suburban): math 19% / reading 38% proficiency, ranked #48 of 58 in OR (top 83%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Centennial Elementary School (math 34% / reading 24%, grade F, #263 of 412 statewide, top 68%, 342 students, 88% FRL); Hamlin Middle School (math 15% / reading 35%, grade F, #104 of 128 statewide, top 83%, 571 students, 64% FRL); Springfield High School (math 30% / reading 54%, grade F, #64 of 143 statewide, top 46%, 1,317 students, 65% FRL) — zoned schools average 72% FRL vs 57% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.6%/yr); 308 active listings in the ZIP; solid renter incomes; 1,808 units permitted in Lane County in 2024 (972 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $550 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Lane County population projected at +15% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.6% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $79,500

Questions for the listing agent

1. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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.
7. 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.
8. 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: 2.24% ✓
• Cap rate: 20.32%
• Cash-on-cash: 50.11%
• DSCR: 3.23
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $108,108
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
34956 Seavey Loop Rd #73	0.00mi	2/2.0	924 (0%)	0mo	$75,500	$82	100
34956 Seavey Loop Rd #20	0.00mi	2/1.0	924 (0%)	17mo	$62,000	$67	82
34956 Seavey Loop Rd #74	0.00mi	2/1.0	868 (-6%)	8mo	$47,500	$55	79
34098 EL Roble Ave	0.41mi	2/1.0	854 (-8%)	3mo	$160,000	$187	62
86202 EL Camino St	0.34mi	3/1.0 (+1)	1,010 (+9%)	6mo	$295,800	$293	55
34189 Del Monte Ave	0.51mi	2/2.0	982 (+6%)	17mo	$115,000	$117	52
34114 Del Monte Ave	0.45mi	3/2.0 (+1)	800 (-13%)	15mo	$190,000	$238	39

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 · 4.62% rent growth · sell at horizon

5-year hold

• IRR: 23.7%
• Equity multiple: 2.00×
• Total profit: $22,356
• Equity at exit: $11,854

10-year hold

• IRR: 33.0%
• Equity multiple: 4.34×
• Total profit: $74,247
• Equity at exit: $6,874

Cash invested: $22,260 (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

SB608 (2019): statewide rent cap (7% + CPI) and just-cause for tenancies > 1 yr. Portland has relocation assistance ordinance.

Methodology + full state rankings →

ZIP-level market 97405

• Rents YoY: 4.6%
• Active inventory: 308
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,783 medium
• Mortgage (P&I): −$417
• Tax from tax record: −$29 /mo · $347/yr
• Insurance: −$33
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$374
• Net cashflow: $503

Break-even live

Break-even rent $1,146

Max offer price $79,500

Occupancy floor 67%

Sensitivity live

Price	-10% $548	-5% $526	+0% $503	+5% $481	+10% $458
Rent	-10% $362	-5% $433	+0% $503	+5% $573	+10% $644
Rate	-1.0pp $543	-0.5pp $523	base $503	+0.5pp $482	+1.0pp $461

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: $19,875
• Closing costs: $2,385
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-05-30
   status $79,500 Pending 10 DOM
2. 2026-05-19
   listed $79,500 Active
3. 2024-06-18
   soldstatus $69,900 Closed 1015-char remark

   Show marketing remark (1015 chars)

   Enjoy affordability, comfort, and easy living in The Village at Seavey Loop, an all ages community. As you step inside this charming 924 square foot single wide home, you'll settle into a recently remodeled interior boasting newer kitchen cabinets & counters, fresh interior paint, and sleek laminate floors throughout. Outside, enjoy the backdrop of Mt. Pisgah & Community Park from your covered porch, or make use of a refreshed landscape welcoming you with garden beds ready for your creativity! An extra deep carport with storage shed offers ample space for your vehicles and tools. Additionally, a yard shed provides even more storage solutions to enjoy and maintain your outdoor spaces. With full price offer, seller will purchase a 1 year home warranty for buyer. Buyers MUST be approved for residency by park management: Brett [phone] or Nancy Gomez 541-650-2981. Space Rent of $650/month includes Water, Sewer, & Garbage. Don't miss this opportunity to own a cozy home for under $100,000!

4. 2024-05-30
   status Pending 1015-char remark

   Show marketing remark (1015 chars)

   Enjoy affordability, comfort, and easy living in The Village at Seavey Loop, an all ages community. As you step inside this charming 924 square foot single wide home, you'll settle into a recently remodeled interior boasting newer kitchen cabinets & counters, fresh interior paint, and sleek laminate floors throughout. Outside, enjoy the backdrop of Mt. Pisgah & Community Park from your covered porch, or make use of a refreshed landscape welcoming you with garden beds ready for your creativity! An extra deep carport with storage shed offers ample space for your vehicles and tools. Additionally, a yard shed provides even more storage solutions to enjoy and maintain your outdoor spaces. With full price offer, seller will purchase a 1 year home warranty for buyer. Buyers MUST be approved for residency by park management: Brett [phone] or Nancy Gomez 541-650-2981. Space Rent of $650/month includes Water, Sewer, & Garbage. Don't miss this opportunity to own a cozy home for under $100,000!

5. 2024-05-28
   price $69,900 1015-char remark

   Show marketing remark (1015 chars)

   Enjoy affordability, comfort, and easy living in The Village at Seavey Loop, an all ages community. As you step inside this charming 924 square foot single wide home, you'll settle into a recently remodeled interior boasting newer kitchen cabinets & counters, fresh interior paint, and sleek laminate floors throughout. Outside, enjoy the backdrop of Mt. Pisgah & Community Park from your covered porch, or make use of a refreshed landscape welcoming you with garden beds ready for your creativity! An extra deep carport with storage shed offers ample space for your vehicles and tools. Additionally, a yard shed provides even more storage solutions to enjoy and maintain your outdoor spaces. With full price offer, seller will purchase a 1 year home warranty for buyer. Buyers MUST be approved for residency by park management: Brett [phone] or Nancy Gomez 541-650-2981. Space Rent of $650/month includes Water, Sewer, & Garbage. Don't miss this opportunity to own a cozy home for under $100,000!

6. 2024-05-13
   listed $75,000 Active 1015-char remark

   Show marketing remark (1015 chars)

   Enjoy affordability, comfort, and easy living in The Village at Seavey Loop, an all ages community. As you step inside this charming 924 square foot single wide home, you'll settle into a recently remodeled interior boasting newer kitchen cabinets & counters, fresh interior paint, and sleek laminate floors throughout. Outside, enjoy the backdrop of Mt. Pisgah & Community Park from your covered porch, or make use of a refreshed landscape welcoming you with garden beds ready for your creativity! An extra deep carport with storage shed offers ample space for your vehicles and tools. Additionally, a yard shed provides even more storage solutions to enjoy and maintain your outdoor spaces. With full price offer, seller will purchase a 1 year home warranty for buyer. Buyers MUST be approved for residency by park management: Brett [phone] or Nancy Gomez 541-650-2981. Space Rent of $650/month includes Water, Sewer, & Garbage. Don't miss this opportunity to own a cozy home for under $100,000!

7. 2024-02-07
   soldstatus $63,000 Closed 228-char remark

   Show marketing remark (228 chars)

   Remodeled single manufactured home in Park, new kitchen and laminate floors. 2 bedroom and 1 and a half bathroom. Inexpensive park monthly payment. $650 per month, includes garbage, sewer, and water. Across the street from park.

8. 2024-01-13
   status Pending 228-char remark

   Show marketing remark (228 chars)

   Remodeled single manufactured home in Park, new kitchen and laminate floors. 2 bedroom and 1 and a half bathroom. Inexpensive park monthly payment. $650 per month, includes garbage, sewer, and water. Across the street from park.

9. 2023-11-29
   price $65,000 228-char remark

   Show marketing remark (228 chars)

   Remodeled single manufactured home in Park, new kitchen and laminate floors. 2 bedroom and 1 and a half bathroom. Inexpensive park monthly payment. $650 per month, includes garbage, sewer, and water. Across the street from park.

10. 2023-10-23
    status Active 228-char remark

    Show marketing remark (228 chars)

    Remodeled single manufactured home in Park, new kitchen and laminate floors. 2 bedroom and 1 and a half bathroom. Inexpensive park monthly payment. $650 per month, includes garbage, sewer, and water. Across the street from park.

11. 2023-09-11
    status Pending 228-char remark

    Show marketing remark (228 chars)

    Remodeled single manufactured home in Park, new kitchen and laminate floors. 2 bedroom and 1 and a half bathroom. Inexpensive park monthly payment. $650 per month, includes garbage, sewer, and water. Across the street from park.

12. 2023-08-30
    price $75,000 228-char remark

    Show marketing remark (228 chars)

    Remodeled single manufactured home in Park, new kitchen and laminate floors. 2 bedroom and 1 and a half bathroom. Inexpensive park monthly payment. $650 per month, includes garbage, sewer, and water. Across the street from park.

13. 2023-08-29
    listed $70,000 Active 228-char remark

    Show marketing remark (228 chars)

    Remodeled single manufactured home in Park, new kitchen and laminate floors. 2 bedroom and 1 and a half bathroom. Inexpensive park monthly payment. $650 per month, includes garbage, sewer, and water. Across the street from park.

14. 2004-11-04
    soldstatus $8,500
15. 2004-10-08
    historical
16. 2004-05-12
    listed $9,950

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OR · Resets to sale price

• Current annual tax: $347 · $29/mo
• Projected year-2 tax: $771 · $64/mo
• Expected delta: +$424/yr (+$35/mo · 122.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone AE · 24% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥92°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 16 unhealthy d/yr today · 19 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,395
• − Mortgage interest: −$4,453
• − Property taxes: −$347
• − Insurance: −$5,516
• − Repairs & maintenance: −$1,712
• − Management: −$1,712
• − Depreciation: −$2,313
• Taxable income: $5,343
• Est. tax owed @ 24.0%: −$1,282
• After-tax cash flow: $4,754/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.

Schools (NCES district)

• District: Springfield SD 19
• NCES district ID: 4111670
• Math proficiency: 19% ▼ -13.00%
• Reading proficiency: 38% ▼ -10.00%
• Median HH income: $42,236
• Composite: 24.14/100
• National rank: #7746
• State rank: #48 of 58 in OR

Livability — Springfield

• Score: 83/100
• State rank: #40
• US rank: #934

Category grades

Amenities A+ Commute A+ Cost of living A- Crime D+ Employment D+ Housing A+ Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lane County · 310,476 people
• City population: 76,907
• Metro: Eugene-Springfield, OR
• Population (ZIP): 46,933
• Household income: $95,170
• Rent vs Own: 29.2% rent · 70.8% own
• Severe rent burden: 1853.0

Population outlook (Lane County) Hauer SSP2

• Today (2025): 391,933 people
• By 2030: 405,860 · +3.6%
• By 2040: 429,386 · +9.6%
• By 2050: 452,016 · +15.3%
• By 2075: 508,825 · +29.8%
• By 2100: 531,208 · +35.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 10% Hispanic / Latino 7% Asian 3%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 5% Italian 4% Portuguese 4%
• Foreign-born: 6% · Canada, China
• Languages at home: 91% English-only · Spanish 3% Other Asian/Pacific 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Lane

• 2024 margin: Strong D (+23.1) · D 60.0% · R 36.9% · Other 3.1%
• 2008→2024 swing: -4.3pp toward R · 2008: 27.4pp · 2024: 23.1pp
• All cycles: 2024: D+23.1 2020: D+24.3 2016: D+18.9 2012: D+23.4 2008: D+27.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -506.95%
• Current HPI: 307.1838
• Rent YoY: ▲ 4.62%
• Metro: Eugene-Springfield, 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

Price history

+699.0% since first listed

15 events — show timeline

• 2026-05-19 Listed $79,500 RMLS
• 2024-06-18 Sold (MLS) $69,900 RMLS
• 2024-05-30 Pending — RMLS
• 2024-05-28 Price Changed $69,900 RMLS
• 2024-05-13 Listed $75,000 RMLS
• 2024-02-07 Sold (MLS) $63,000 RMLS
• 2024-01-13 Pending — RMLS
• 2023-11-29 Price Changed $65,000 RMLS
• 2023-10-23 Relisted — RMLS
• 2023-09-11 Pending — RMLS
• 2023-08-30 Price Changed $75,000 RMLS
• 2023-08-29 Listed $70,000 RMLS
• 2004-11-04 Sold (MLS) $8,500 RMLS
• 2004-10-08 Delisted — RMLS
• 2004-05-12 Listed $9,950 RMLS

Property tax history

+8.3%/yr

Latest (2025): $347 · +5681.0% YoY. Source: county tax records.