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4730 Auburn Rd NE #72
B+ Composite 77.44
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 +3.9/5.0
  • Schools +3.7/10.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Appreciation +0.0/10.0

$84,900

4730 Auburn Rd NE #72 · Four Corners, OR 97301
3 bd · 2.0 ba · 1,472 sqft · Manufactured public records · 80 Days on market
Built 1979 Est $125k · 32% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this beautifully maintained 3 bedroom, 2 bath home in a desirable gated 55+ community! Set on a spacious corner lot, this property offers an inviting open-concept layout with a formal dining area, separate living and family rooms, and a cozy wood-burning fireplace. The primary suite features a charming clawfoot tub, ideal for relaxing after a long day. Also this home boasts a durable hi-rib roof, an updated heat pump & water heater (2014), updated furnace, a factory-installed wood-burning fireplace, enclosed front porch, large rear deck, a wired shop, extra parking, and sprinkler system! All electrical was just serviced in 2021. Enjoy the community’s fantastic amenities, including a pool, common area party/meeting room, and secure gated entrance. Water, sewer, and garbage are included with the space rent, adding convenience and value. Pride of ownership shows throughout this well cared for home, come see all it has to offer!

Key facts

  • Gated community
  • Updated heat pump
  • Clawfoot tub

Tags

GATED COMMUNITYOPEN-CONCEPT LAYOUTCLAWFOOT TUBUPDATED HEAT PUMPUPDATED FURNACEENCLOSED FRONT PORCH

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $85k.

Deal economics

  • At list price, monthly cash flow is $1k ($13k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $85k).
  • Recommended offer: $80k (6.0% below list) — sets the bar for market timing.
  • Cap rate 21.7% vs local median 3.9% in Four Corners — 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 78/100 on livability (#66 in OR, #2,680 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, amenities B+; Watch: crime D-.
  • Salem-Keizer SD 24J (urban): math 34% / reading 47% proficiency, ranked #103 of 183 in OR (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Auburn Elementary School (542 students, 71% FRL); North Salem High School (2,239 students, 74% FRL) — zoned schools average 73% FRL vs 53% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents soft (-0.7%/yr); 280 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,591 units permitted in Marion County in 2024 (716 in 5+ unit buildings).
  • This rent runs 41% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $587 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Marion County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $24k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 80 days — a 6% lower offer ($80k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 10y ago; this cycle's ask has dropped $15k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $79,806 (6.0% below list)

Questions for the listing agent

  1. It's been on market 80 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
2.45%
Cap rate
21.72%
Cash-on-cash
55.10%
DSCR
3.45
GRM
3.4

CMA / ARV

ARV (on-the-fly)
$125,120
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4730 Auburn Rd NE #20 0.00mi 2/2.0 (-1) 1,440 (-2%) 4mo $85,000 $59 88
4730 Auburn Rd NE #43 0.00mi 3/2.0 1,336 (-9%) 1mo $134,900 $101 84
4730 NE Auburn Rd #148 0.00mi 3/2.0 1,344 (-9%) 7mo $105,000 $78 80
283 Broadmore Ave NE 0.15mi 3/2.0 1,342 (-9%) 2mo $60,000 $45 77
382 Chadbourne Ln NE 0.24mi 3/2.0 1,512 (+3%) 9mo $385,000 $255 77
4730 Auburn Rd #158 0.00mi 3/2.0 1,288 (-12%) 3mo $61,500 $48 77
663 Royalty Cir NE 0.36mi 2/2.0 (-1) 1,404 (-5%) 4mo $164,900 $117 68
127 Clearwater Ave NE 0.34mi 3/2.0 1,620 (+10%) 4mo $95,000 $59 64
4637 Amber St NE 0.24mi 2/2.0 (-1) 1,344 (-9%) 8mo $37,000 $28 63
997 Wind Meadows Way #64 0.74mi 4/2.0 (+1) 1,512 (+3%) 2mo $134,999 $89 54
857 Hoffman Rd NE #11 0.66mi 3/2.0 1,296 (-12%) 6mo $110,000 $85 44
857 Hoffman Rd 0.66mi 3/2.0 1,296 (-12%) 6mo $110,000 $85 44

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
50.0%
Equity multiple
3.09×
Total profit
$49,684
Equity at exit
$12,659
10-year hold
IRR
54.3%
Equity multiple
5.60×
Total profit
$109,287
Equity at exit
$7,341

Cash invested: $23,772 (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.

ZIP-level market 97301

Rents YoY
-0.7%
Active inventory
280
Price-to-rent
3.4×

Monthly cashflow live

Estimated rent
$2,078 high interval (Pro) →
Mortgage (P&I)
$445
Tax from tax record
$69 /mo · $832/yr
Insurance
$35
HOA
$0
Vacancy / Maint / Mgmt
$436
Net cashflow
$1,092

Break-even live

Break-even rent $696
Max offer price $84,900
Occupancy floor 42%

Sensitivity live

Price -10% $1,140 -5% $1,116 +0% $1,092 +5% $1,068 +10% $1,043
Rent -10% $927 -5% $1,009 +0% $1,092 +5% $1,174 +10% $1,256
Rate -1.0pp $1,134 -0.5pp $1,113 base $1,092 +0.5pp $1,070 +1.0pp $1,047

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
$21,225
Closing costs
$2,547
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 32 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
434 Greencrest St NE Salem, OR 3.0 2.0 1637 $3,900 $2.38 24d 1 0.24mi
4485 Monroe Ave NE Salem, OR 4.0 2.0 1200 $2,195 $1.83 45d 1 0.25mi
412 Lost Lake St NE Salem, OR 4.0 3.0 1662 $2,495 $1.50 24d 1 0.28mi
4833 Thyme Ave NE Salem, OR 3.0 2.5 1681 $2,545 $1.51 15d 1 0.29mi
143 Connecticut Ave SE Unit 145 Salem, OR 3.0 1.0 1207 $1,595 $1.32 15d 1 0.38mi
124 Stafford Ln NE Unit 124-203 Salem, OR 3.0 2.0 1052 $1,595 $1.52 45d 1 0.47mi
102 Greencrest St NE Salem, OR 3.0 1.0–2.0 914 $2,205 $2.41 15d 25 0.47mi
4433 Mahrt Ave SE Unit 4435-201 Salem, OR 2.0 2.0 888 $1,525 $1.72 24d 1 0.51mi
4433 Mahrt Ave SE Unit 4437-206 Salem, OR 2.0 2.0 932 $1,525 $1.64 45d 1 0.51mi
435 Fountain Valley Way NE Salem, OR 1.0–2.0 1.0–2.0 939 $1,559 $1.66 22d 5 0.60mi
4836 Tanglewood Ct SE Salem, OR 3.0 2.0 1316 $2,150 $1.63 24d 1 0.61mi
178 Lancaster Dr SE Salem, OR 2.0 2.0 952 $1,495 $1.57 15d 1 0.82mi
295 Colt Ln NE Salem, OR 3.0 2.0 1052 $1,575 $1.50 15d 1 0.83mi
430 Brittany Way NE Unit 369-421 Salem, OR 2.0 2.0 920 $1,400 $1.52 45d 1 0.86mi
3750-3762 Amber St NE Unit 3758-107 Salem, OR 2.0 2.5 1150 $1,595 $1.39 24d 1 0.88mi
3750-3762 Amber St NE Unit 3762-107 Salem, OR 2.0 2.5 1150 $1,595 $1.39 45d 1 0.88mi
4807 Chinook Ct SE Salem, OR 3.0 1.5 1104 $2,200 $1.99 15d 1 0.97mi
3897 Meadowlawn Loop SE Salem, OR 1.0–3.0 1.0–2.0 962 $1,958 $2.03 15d 26 1.06mi
4776 Buffalo Dr SE Salem, OR 3.0 1.0 1369 $2,150 $1.57 45d 1 1.08mi
3828 Bayonne Dr SE Salem, OR 2.0 1.0 980 $1,299 $1.33 15d 1 1.08mi
3822 Bayonne Dr SE Salem, OR 2.0 1.0 980 $1,299 $1.33 24d 1 1.09mi
1029 Raffon Ct SE Unit AR7171-3 Salem, OR 2.0 1.5 927 $1,700 $1.83 24d 1 1.14mi
3695 D St NE Salem, OR 1.0–2.0 1.0–2.0 1037 $1,650 $1.59 45d 3 1.24mi
5192 Caplinger Rd SE Salem, OR 1.0–3.0 1.0–2.0 927 $1,802 $1.94 15d 25 1.29mi
4098 Market St NE Unit MT21 Salem, OR 2.0 1.0 900 $1,275 $1.42 24d 1 1.31mi
990 Charter Pl NE Salem, OR 3.0 2.5 1248 $1,895 $1.52 45d 1 1.39mi
1973 45th Ave NE Salem, OR 2.0 1.0–2.0 1043 $1,360 $1.30 15d 2 1.41mi
4976 Turquoise Ave SE Salem, OR 2.0 2.0 918 $1,495 $1.63 15d 5 1.41mi
1447 Connecticut St SE Salem, OR 3.0 2.0 1258 $2,675 $2.13 45d 1 1.42mi
4200 Sunnyview Rd NE Salem, OR 2.0 1.0–2.0 880 $1,445 $1.64 24d 1 1.44mi
3301 D St NE Salem, OR 2.0 1.0 850 $1,225 $1.44 24d 4 1.44mi
4154 Sunnyview Rd NE Salem, OR 1.0–2.0 1.0 806 $1,375 $1.71 15d 6 1.50mi

Listing history 20 events

  1. 2026-03-06
    soldstatus $84,900 Closed 960-char remark
    Show marketing remark (960 chars)

    Welcome to this beautifully maintained 3 bedroom, 2 bath home in a desirable gated 55+ community! Set on a spacious corner lot, this property offers an inviting open-concept layout with a formal dining area, separate living and family rooms, and a cozy wood-burning fireplace. The primary suite features a charming clawfoot tub, ideal for relaxing after a long day. Also this home boasts a durable hi-rib roof, an updated heat pump & water heater (2014), updated furnace, a factory-installed wood-burning fireplace, enclosed front porch, large rear deck, a wired shop, extra parking, and sprinkler system! All electrical was just serviced in 2021. Enjoy the community’s fantastic amenities, including a pool, common area party/meeting room, and secure gated entrance. Water, sewer, and garbage are included with the space rent, adding convenience and value. Pride of ownership shows throughout this well cared for home, come see all it has to offer!

  2. 2026-01-23
    status Pending 960-char remark
    Show marketing remark (960 chars)

    Welcome to this beautifully maintained 3 bedroom, 2 bath home in a desirable gated 55+ community! Set on a spacious corner lot, this property offers an inviting open-concept layout with a formal dining area, separate living and family rooms, and a cozy wood-burning fireplace. The primary suite features a charming clawfoot tub, ideal for relaxing after a long day. Also this home boasts a durable hi-rib roof, an updated heat pump & water heater (2014), updated furnace, a factory-installed wood-burning fireplace, enclosed front porch, large rear deck, a wired shop, extra parking, and sprinkler system! All electrical was just serviced in 2021. Enjoy the community’s fantastic amenities, including a pool, common area party/meeting room, and secure gated entrance. Water, sewer, and garbage are included with the space rent, adding convenience and value. Pride of ownership shows throughout this well cared for home, come see all it has to offer!

  3. 2026-01-23
    status Pending
    Show marketing remark (960 chars)

    Welcome to this beautifully maintained 3 bedroom, 2 bath home in a desirable gated 55+ community! Set on a spacious corner lot, this property offers an inviting open-concept layout with a formal dining area, separate living and family rooms, and a cozy wood-burning fireplace. The primary suite features a charming clawfoot tub, ideal for relaxing after a long day. Also this home boasts a durable hi-rib roof, an updated heat pump & water heater (2014), updated furnace, a factory-installed wood-burning fireplace, enclosed front porch, large rear deck, a wired shop, extra parking, and sprinkler system! All electrical was just serviced in 2021. Enjoy the community’s fantastic amenities, including a pool, common area party/meeting room, and secure gated entrance. Water, sewer, and garbage are included with the space rent, adding convenience and value. Pride of ownership shows throughout this well cared for home, come see all it has to offer!

  4. 2025-12-16
    price $84,900
    Show marketing remark (960 chars)

    Welcome to this beautifully maintained 3 bedroom, 2 bath home in a desirable gated 55+ community! Set on a spacious corner lot, this property offers an inviting open-concept layout with a formal dining area, separate living and family rooms, and a cozy wood-burning fireplace. The primary suite features a charming clawfoot tub, ideal for relaxing after a long day. Also this home boasts a durable hi-rib roof, an updated heat pump & water heater (2014), updated furnace, a factory-installed wood-burning fireplace, enclosed front porch, large rear deck, a wired shop, extra parking, and sprinkler system! All electrical was just serviced in 2021. Enjoy the community’s fantastic amenities, including a pool, common area party/meeting room, and secure gated entrance. Water, sewer, and garbage are included with the space rent, adding convenience and value. Pride of ownership shows throughout this well cared for home, come see all it has to offer!

  5. 2025-12-16
    price $84,900 960-char remark
    Show marketing remark (960 chars)

    Welcome to this beautifully maintained 3 bedroom, 2 bath home in a desirable gated 55+ community! Set on a spacious corner lot, this property offers an inviting open-concept layout with a formal dining area, separate living and family rooms, and a cozy wood-burning fireplace. The primary suite features a charming clawfoot tub, ideal for relaxing after a long day. Also this home boasts a durable hi-rib roof, an updated heat pump & water heater (2014), updated furnace, a factory-installed wood-burning fireplace, enclosed front porch, large rear deck, a wired shop, extra parking, and sprinkler system! All electrical was just serviced in 2021. Enjoy the community’s fantastic amenities, including a pool, common area party/meeting room, and secure gated entrance. Water, sewer, and garbage are included with the space rent, adding convenience and value. Pride of ownership shows throughout this well cared for home, come see all it has to offer!

  6. 2025-11-04
    listed $99,900 Active 960-char remark
    Show marketing remark (960 chars)

    Welcome to this beautifully maintained 3 bedroom, 2 bath home in a desirable gated 55+ community! Set on a spacious corner lot, this property offers an inviting open-concept layout with a formal dining area, separate living and family rooms, and a cozy wood-burning fireplace. The primary suite features a charming clawfoot tub, ideal for relaxing after a long day. Also this home boasts a durable hi-rib roof, an updated heat pump & water heater (2014), updated furnace, a factory-installed wood-burning fireplace, enclosed front porch, large rear deck, a wired shop, extra parking, and sprinkler system! All electrical was just serviced in 2021. Enjoy the community’s fantastic amenities, including a pool, common area party/meeting room, and secure gated entrance. Water, sewer, and garbage are included with the space rent, adding convenience and value. Pride of ownership shows throughout this well cared for home, come see all it has to offer!

  7. 2025-11-04
    listed $99,900 Active
    Show marketing remark (960 chars)

    Welcome to this beautifully maintained 3 bedroom, 2 bath home in a desirable gated 55+ community! Set on a spacious corner lot, this property offers an inviting open-concept layout with a formal dining area, separate living and family rooms, and a cozy wood-burning fireplace. The primary suite features a charming clawfoot tub, ideal for relaxing after a long day. Also this home boasts a durable hi-rib roof, an updated heat pump & water heater (2014), updated furnace, a factory-installed wood-burning fireplace, enclosed front porch, large rear deck, a wired shop, extra parking, and sprinkler system! All electrical was just serviced in 2021. Enjoy the community’s fantastic amenities, including a pool, common area party/meeting room, and secure gated entrance. Water, sewer, and garbage are included with the space rent, adding convenience and value. Pride of ownership shows throughout this well cared for home, come see all it has to offer!

  8. 2023-03-27
    soldstatus $115,000 Sold 524-char remark
    Show marketing remark (524 chars)

    Knotty pine walls & cabinets, woodburning fireplace & laminate floors give remodeled Fuqua a spacious cabin feel on corner lot in Salem Greene's 55+ gated manufactured home park. Primary BR/BA off living room; 2 sp BRs (1 w/ Murphy bed)/BA off family room; formal dining & bar in kitchen. Unique features, built-ins galore, vinyl windows, heat pump (heats & cools), utility sink, pantry, metal roof, two covered decks—back one enclosed. Carport shed, separate shop & fenced yard for small pets.

  9. 2023-03-18
    status Pending 524-char remark
    Show marketing remark (524 chars)

    Knotty pine walls & cabinets, woodburning fireplace & laminate floors give remodeled Fuqua a spacious cabin feel on corner lot in Salem Greene's 55+ gated manufactured home park. Primary BR/BA off living room; 2 sp BRs (1 w/ Murphy bed)/BA off family room; formal dining & bar in kitchen. Unique features, built-ins galore, vinyl windows, heat pump (heats & cools), utility sink, pantry, metal roof, two covered decks—back one enclosed. Carport shed, separate shop & fenced yard for small pets.

  10. 2023-03-17
    status Active 524-char remark
    Show marketing remark (524 chars)

    Knotty pine walls & cabinets, woodburning fireplace & laminate floors give remodeled Fuqua a spacious cabin feel on corner lot in Salem Greene's 55+ gated manufactured home park. Primary BR/BA off living room; 2 sp BRs (1 w/ Murphy bed)/BA off family room; formal dining & bar in kitchen. Unique features, built-ins galore, vinyl windows, heat pump (heats & cools), utility sink, pantry, metal roof, two covered decks—back one enclosed. Carport shed, separate shop & fenced yard for small pets.

  11. 2023-02-28
    historical Active under Contract 524-char remark
    Show marketing remark (524 chars)

    Knotty pine walls & cabinets, woodburning fireplace & laminate floors give remodeled Fuqua a spacious cabin feel on corner lot in Salem Greene's 55+ gated manufactured home park. Primary BR/BA off living room; 2 sp BRs (1 w/ Murphy bed)/BA off family room; formal dining & bar in kitchen. Unique features, built-ins galore, vinyl windows, heat pump (heats & cools), utility sink, pantry, metal roof, two covered decks—back one enclosed. Carport shed, separate shop & fenced yard for small pets.

  12. 2023-02-27
    listed $99,900 Active 524-char remark
    Show marketing remark (524 chars)

    Knotty pine walls & cabinets, woodburning fireplace & laminate floors give remodeled Fuqua a spacious cabin feel on corner lot in Salem Greene's 55+ gated manufactured home park. Primary BR/BA off living room; 2 sp BRs (1 w/ Murphy bed)/BA off family room; formal dining & bar in kitchen. Unique features, built-ins galore, vinyl windows, heat pump (heats & cools), utility sink, pantry, metal roof, two covered decks—back one enclosed. Carport shed, separate shop & fenced yard for small pets.

  13. 2021-01-07
    soldstatus $80,000 Sold
  14. 2020-12-22
    status Pending
  15. 2020-11-28
    historical Active under Contract
  16. 2020-10-28
    price $85,000
  17. 2020-10-12
    listed $95,000 Active
  18. 2016-04-01
    soldstatus $34,900 Sold
  19. 2016-02-13
    status Pending
  20. 2016-02-09
    listed $34,900 Active

ⓘ 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
$832 · $69/mo
Projected year-2 tax
$832 · $69/mo
Expected delta
$0/yr ($0/mo · -0.0%)

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥91°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 9/10 Extreme 12 unhealthy d/yr today · 13 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
$24,935
− Mortgage interest
−$4,756
− Property taxes
−$832
− Insurance
−$424
− Repairs & maintenance
−$1,995
− Management
−$1,995
− Depreciation
−$2,470
Taxable income
$12,463
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,991
After-tax cash flow
$10,108/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
Salem-Keizer SD 24J
NCES district ID
4110820
Math proficiency
34% ▼ -1.00%
Reading proficiency
47% ▼ -2.00%
Median HH income
$48,632
Composite
37.16/100
National rank
#9017
State rank
#103 of 183 in OR

Livability — Four Corners

Score
78/100
State rank
#66
US rank
#2680

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Four Corners, OR
County
Marion County · 258,219 people
Metro
Salem, OR
Population (ZIP)
57,574
Household income
$60,422
Rent vs Own
57.2% rent · 42.8% own
Severe rent burden
3089.0

Population outlook (Marion County) Hauer SSP2

Today (2025)
360,940 people
By 2030
375,178 · +3.9%
By 2040
400,914 · +11.1%
By 2050
422,187 · +17.0%
By 2075
460,305 · +27.5%
By 2100
464,025 · +28.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.58)
Race & ethnicity
White 55% Hispanic / Latino 35% Two or more races 19% Asian 2% Black 2% Native American 1% Pacific Islander 1%
Hispanic origin (detail)
Mexican 31%
Common ancestry
Italian 4% Portuguese 2% Lithuanian 2%
Foreign-born
17% · Canada, China, Philippines
Languages at home
68% English-only · Spanish 27% Other Asian/Pacific 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Marion

2024 margin
Toss-up / Even · D 47.5% · R 49.5% · Other 3.0%
2008→2024 swing
-4.2pp toward R · 2008: 2.2pp · 2024: -2.0pp
All cycles
2024: R+2.0 2020: D+1.1 2016: R+5.0 2012: R+3.5 2008: D+2.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -548.17%
Current HPI
335.8199
Rent YoY
▼ -0.70%
Metro
Salem, OR
State GDP YoY
▲ 2.05%
F500 in state
2

Industry mix (Fortune 500 HQ in OR)

Industry F500 HQs Revenue

Price history

+143.3% since first listed
20 events — show timeline
  • 2026-03-06 Sold (MLS) $84,900 RMLS
  • 2026-01-23 Pending RMLS
  • 2026-01-23 Pending WVMLS
  • 2025-12-16 Price Changed $84,900 WVMLS
  • 2025-12-16 Price Changed $84,900 RMLS
  • 2025-11-04 Listed $99,900 WVMLS
  • 2025-11-04 Listed $99,900 RMLS
  • 2023-03-27 Sold (MLS) $115,000 WVMLS
  • 2023-03-18 Pending WVMLS
  • 2023-03-17 Relisted WVMLS
  • 2023-02-28 Contingent WVMLS
  • 2023-02-27 Listed $99,900 WVMLS
  • 2021-01-07 Sold (MLS) $80,000 WVMLS
  • 2020-12-22 Pending WVMLS
  • 2020-11-28 Contingent WVMLS
  • 2020-10-28 Price Changed $85,000 WVMLS
  • 2020-10-12 Listed $95,000 WVMLS
  • 2016-04-01 Sold (MLS) $34,900 WVMLS
  • 2016-02-13 Pending WVMLS
  • 2016-02-09 Listed $34,900 WVMLS

Property tax history

+3.1%/yr

Latest (2025): $832 · +3.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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