3454 Rudometkin Dr #15 · Hubbard, OR 97032

$85,000

2 bd · 2.0 ba · 924 sqft · Manufactured public records · 7 Days on market

Built 1994 Est $69k · 23% over

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Why this score? — see what drove the C+ 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.0/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

This well-maintained 2 bedroom, 1 bath manufactured home is located in an all-age park and offers numerous recent improvements. Interior features includes fresh paint throughout, new luxury vinyl plank flooring, and an updated kitchen remodeled approximately 3 years ago including stainless steel appliances. The functional floor plan provides comfortable living spaces. Outside you will find a covered front deck, carport with an attached storage shed, and a bonus shed. Buyer subject to park approval.

Key facts

• Covered front deck
• Updated kitchen
• Bonus shed

Tags

• UPDATED KITCHEN
• STAINLESS STEEL APPLIANCES
• COVERED FRONT DECK
• ATTACHED STORAGE SHED
• BONUS SHED

Property features AI

Finance

• Other: Property type: Residential; Property subtype: Manufactured Home in Park; Main level area reported as 924; View: Territorial
• HOA & community: Not a senior community; Lot rent $825 monthly

Exterior

• Parking: Carport
• Utilities: Public water; Public sewer; Electric fuel
• Home design: Manufactured home in a park; Single-story (main level living); Resale condition; Facing/has territorial view
• Construction: Built in 1994; Composition roof; Manufactured home construction
• Exterior features: Covered deck; Territorial view

Interior

• Kitchen: Dishwasher; Disposal; Free‑standing range; Stainless steel appliances
• Bedrooms: Primary bedroom (main level); Second bedroom (main level)
• Flooring: Luxury vinyl plank
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Forced air heating; No central cooling reported
• Interior features: Luxury vinyl plank flooring; Family room; Dining room; Great room; Living room
• Laundry & utility: Electric hot water

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $85k.

Deal economics

• At list price, monthly cash flow is $843 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $85k).

Location & tenants

• Location reads 80/100 on livability (#57 in OR, #1,930 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: cost of living C-, health & safety D+, amenities F.
• North Marion SD 15 (rural): math 27% / reading 43% proficiency, ranked #131 of 183 in OR (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: North Marion Primary School (326 students, 58% FRL); North Marion Middle School (math 12% / reading 27%, grade F, #124 of 128 statewide, top 98%, 385 students, 52% FRL); North Marion High School (math 10% / reading 50%, grade F, #107 of 143 statewide, top 78%, 603 students, 45% FRL) — zoned schools at 52% FRL track the district average.
• Market conditions: 20 active listings in the ZIP; 1,591 units permitted in Marion County in 2024 (716 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $588 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 + 3.0% rent growth), your $24k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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.

Recommended offer $85,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 2.04% ✓
• Cap rate: 18.19%
• Cash-on-cash: 42.50%
• DSCR: 2.89
• GRM: 4.1

CMA / ARV

• ARV (on-the-fly): $69,300
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3370 Maple St #44	0.10mi	3/1.0 (+1)	972 (+5%)	1mo	$106,000	$109	77
3289 Ash St #61	0.06mi	3/2.0 (+1)	1,056 (+14%)	2mo	$61,500	$58	67
3197 Rainbow Loop #10	0.37mi	2/2.0	1,056 (+14%)	5mo	$55,000	$52	55
3457 Rainbow Loop	0.32mi	2/2.0	1,008 (+9%)	22mo	$75,500	$75	52
3367 Rainbow Loop #18	0.32mi	3/1.0 (+1)	985 (+7%)	22mo	$75,000	$76	47

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 39.2%
• Equity multiple: 2.68×
• Total profit: $39,898
• Equity at exit: $12,674

10-year hold

• IRR: 45.6%
• Equity multiple: 5.36×
• Total profit: $103,819
• Equity at exit: $7,349

Cash invested: $23,800 (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 97032

• Home prices YoY: -27.9%
• Active inventory: 20
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,731 medium
• Mortgage (P&I): −$446
• Tax from tax record: −$44 /mo · $522/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $843

Break-even live

Break-even rent $664

Max offer price $85,000

Occupancy floor 46%

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-06-16
   status $85,000 Pending 7 DOM
2. 2026-06-15
   days on market $85,000 Active 7 DOM
3. 2026-06-13
   days on market $85,000 Active 5 DOM
4. 2026-06-13
   days on market $85,000 Active 4 DOM
5. 2026-06-08
   remarks 473-char remark

   Show marketing remark (503 chars)

   This well-maintained 2 bedroom, 1 bath manufactured home is located in an all-age park and offers numerous recent improvements. Interior features includes fresh paint throughout, new luxury vinyl plank flooring, and an updated kitchen remodeled approximately 3 years ago including stainless steel appliances. The functional floor plan provides comfortable living spaces. Outside you will find a covered front deck, carport with an attached storage shed, and a bonus shed. Buyer subject to park approval.

6. 2026-06-08
   listed $85,000 Active 1 DOM

   Show marketing remark (503 chars)

   This well-maintained 2 bedroom, 1 bath manufactured home is located in an all-age park and offers numerous recent improvements. Interior features includes fresh paint throughout, new luxury vinyl plank flooring, and an updated kitchen remodeled approximately 3 years ago including stainless steel appliances. The functional floor plan provides comfortable living spaces. Outside you will find a covered front deck, carport with an attached storage shed, and a bonus shed. Buyer subject to park approval.

ⓘ 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: $522 · $44/mo
• Projected year-2 tax: $824 · $69/mo
• Expected delta: +$302/yr (+$25/mo · 57.8%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥91°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 13 unhealthy d/yr today · 14 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,773
• − Mortgage interest: −$4,761
• − Property taxes: −$522
• − Insurance: −$425
• − Repairs & maintenance: −$1,662
• − Management: −$1,662
• − Depreciation: −$2,473
• Taxable income: $9,268
• Est. tax owed @ 24.0%: −$2,224
• After-tax cash flow: $7,890/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: North Marion SD 15
• NCES district ID: 4108880
• Math proficiency: 27% ▬ 0.00%
• Reading proficiency: 43% ▼ -6.00%
• Median HH income: $55,867
• Composite: 33.51/100
• National rank: #10515
• State rank: #131 of 183 in OR

Livability — Hubbard

• Score: 80/100
• State rank: #57
• US rank: #1930

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hubbard, OR
• Population (ZIP): 4,810

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: Majority White (64%)
• Race & ethnicity: White 64% Hispanic / Latino 33% Two or more races 7% Native American 4%
• Hispanic origin (detail): Mexican 31%
• Common ancestry: Italian 5% Scotch-Irish 5% Slovak 4%
• Foreign-born: 9% · Canada, Dominican Republic
• Languages at home: 79% English-only · Spanish 19% 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: ▼ -112.22%
• Current HPI: 289.9111
• Rent YoY: —
• Metro: —
• 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

+0.0% since first listed

2 events — show timeline

• 2026-06-08 Listed $85,000 RMLS
• 2026-06-08 Listed $85,000 WVMLS

Property tax history

+5.1%/yr

Latest (2025): $522 · +3.3% YoY. Source: county tax records.