1509 Agape Way · Grants Pass, OR 97527

$139,900

3 bd · 2.0 ba · 1,620 sqft · Manufactured public records · 140 Days on market

Built 2004 $86/sqft · 40% above area Est $100k · 40% 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
• Schools +4.2/10.0
• Livability +3.5/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

Key facts

• Open-floor plan
• Primary en-suite
• Wood stove

Tags

• OPEN-FLOOR PLAN
• PRIMARY EN-SUITE
• MINI-SPLIT AC
• FULL LAUNDRY ROOM
• WOOD STOVE
• LARGE CARPORT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $140k.

Deal economics

• At list price, monthly cash flow is $878 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.8% vs local median 3.2% in Grants Pass — 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 70/100 on livability (#137 in OR) — a middle-class / working-renter tenant base. Strengths: amenities A+, health & safety A+, housing A-; Watch: schools D, employment D, crime F.
• Grants Pass SD 7 (urban): math 39% / reading 56% proficiency, ranked #66 of 183 in OR (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.0%/yr); 185 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 223 units permitted in Josephine County in 2024 (5 in 5+ unit buildings).
• This rent runs 40% of the median local income ($67k/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 $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Josephine County population projected at +3% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 140 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 19y ago; this cycle's ask has dropped $25k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $85k; list at $140k implies a 65% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 8→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $123,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 140 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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 F 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: 1.59% ✓
• Cap rate: 13.83%
• Cash-on-cash: 26.91%
• DSCR: 2.20
• GRM: 5.2

CMA / ARV

• ARV (median comp): $100,000
• List price: $139,900
• Delta: 39.90%
• Verdict: OVERPRICED
• Comps: 17 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1514 Agape Way	0.00mi	3/2.0	1,680 (+4%)	8mo	$148,900	$89	88
1418 SW Redfin Ln	0.17mi	3/2.0	1,680 (+4%)	6mo	$340,000	$202	81
310 Whispering Willow Dr	0.44mi	3/2.0	1,680 (+4%)	2mo	$92,000	$55	71
2398 Sasha Ct	0.20mi	4/2.0 (+1)	1,778 (+10%)	0mo	$130,000	$73	69
298 Whispering Willow Dr	0.44mi	3/2.0	1,512 (-7%)	3mo	$88,000	$58	66
137 Blue Spruce Ln	0.39mi	3/2.0	1,701 (+5%)	11mo	$91,500	$54	64
2327 Bradley Ct	0.25mi	3/2.0	1,728 (+7%)	16mo	$169,000	$98	64
2387 Mulberry Ct	0.32mi	2/2.0 (-1)	1,512 (-7%)	7mo	$83,000	$55	63
1426 Willow Ct	0.20mi	2/2.0 (-1)	1,512 (-7%)	14mo	$110,000	$73	63
1260 Willow Ct	0.32mi	3/2.0	1,716 (+6%)	16mo	$99,500	$58	62
2371 Ryan Ct	0.25mi	2/2.0 (-1)	1,509 (-7%)	12mo	$133,000	$88	62
110 Red Oak Ln	0.48mi	3/2.0	1,792 (+11%)	1mo	$105,000	$59	59

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 · 3.05% rent growth · sell at horizon

5-year hold

• IRR: 20.9%
• Equity multiple: 1.85×
• Total profit: $33,367
• Equity at exit: $20,860

10-year hold

• IRR: 29.0%
• Equity multiple: 3.59×
• Total profit: $101,479
• Equity at exit: $12,096

Cash invested: $39,172 (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 97527

• Rents YoY: 3.0%
• Active inventory: 185
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $2,230 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$92 /mo · $1,098/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$468
• Net cashflow: $878

Break-even live

Break-even rent $1,118

Max offer price $139,900

Occupancy floor 56%

Sensitivity live

Price	-10% $958	-5% $918	+0% $878	+5% $839	+10% $799
Rent	-10% $702	-5% $790	+0% $878	+5% $966	+10% $1,055
Rate	-1.0pp $949	-0.5pp $914	base $878	+0.5pp $842	+1.0pp $805

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1605 Kokanee Ln Grants Pass, OR	3.0	2.0	1540	$2,200	$1.43	44d	1	0.31mi
109 SW Otter Ct Grants Pass, OR	3.0	2.0	1545	$2,395	$1.55	44d	1	0.46mi
109 SW Otter Ct Grants Pass, OR	3.0	2.0	1545	$2,395	$1.55	45d	1	0.46mi

Listing history 30 events

1. 2026-04-14
   price $139,900 495-char remark

   Show marketing remark (495 chars)

   SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

2. 2026-04-01
   status Active 495-char remark

   Show marketing remark (495 chars)

   SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

3. 2026-03-03
   price $134,900 495-char remark

   Show marketing remark (495 chars)

   SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

4. 2026-02-04
   status Active 495-char remark

   Show marketing remark (495 chars)

   SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

5. 2025-12-12
   status Pending 495-char remark

   Show marketing remark (495 chars)

   SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

6. 2025-12-12
   historical 495-char remark

   Show marketing remark (495 chars)

   SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

7. 2025-11-08
   status Active 495-char remark

   Show marketing remark (495 chars)

   SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

8. 2025-11-01
   status Active 495-char remark

   Show marketing remark (495 chars)

   SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

9. 2025-10-31
   status Active 495-char remark

   Show marketing remark (495 chars)

   SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

10. 2025-10-19
    price $139,900 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

11. 2025-10-08
    price $149,900 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

12. 2025-09-23
    status Active 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

13. 2025-09-06
    status Pending 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

14. 2025-09-06
    historical 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

15. 2025-09-06
    historical 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

16. 2025-09-06
    historical 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

17. 2025-09-02
    status Active 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

18. 2025-08-30
    status Pending 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

19. 2025-08-22
    price $159,900 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

20. 2025-08-01
    status Active 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

21. 2025-06-01
    status Active 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

22. 2025-05-23
    status Pending 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

23. 2025-05-23
    historical 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

24. 2025-05-06
    status Active 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

25. 2025-05-04
    status Pending 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

26. 2025-04-29
    listed $164,900 Active 495-char remark

    Show marketing remark (495 chars)

    SUPER LOW SPACE RENT in small Grants Pass senior park. HOME WARRANTY included in sale. Large 3bd, 2ba, vaulted ceilings with open-floor plan. Primary en-suite with office, 6 month old mini-split AC/Heat also heatpump, washer and dryer included in full laundry room, 5 yr old Regency wood stove in living room and large 12x16 stick-blt shop with extra long 3-car carport. Fully fenced backyard for pets and lush landscaping all with great location off Redwood Ave near all services and medical.

27. 2020-04-27
    historical
28. 2019-06-13
    soldstatus $84,900
29. 2019-05-14
    listed $84,900
30. 2007-09-14
    listed $89,900

ⓘ 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: $1,098 · $92/mo
• Projected year-2 tax: $1,357 · $113/mo
• Expected delta: +$259/yr (+$22/mo · 23.5%)

ⓘ 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 8/10 Severe
• 🌡 Heat 6/10 Major 8 d/yr ≥99°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 29 unhealthy d/yr today · 32 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,762
• − Mortgage interest: −$7,837
• − Property taxes: −$1,098
• − Insurance: −$700
• − Repairs & maintenance: −$2,141
• − Management: −$2,141
• − Depreciation: −$4,070
• Taxable income: $8,776
• Est. tax owed @ 24.0%: −$2,106
• After-tax cash flow: $8,434/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: Grants Pass SD 7
• NCES district ID: 4105910
• Math proficiency: 39% ▲ 1.00%
• Reading proficiency: 56% ▬ 0.00%
• Median HH income: $36,433
• Composite: 41.5/100
• National rank: #7281
• State rank: #66 of 183 in OR

Livability — Grants Pass

• Score: 70/100
• State rank: #137
• US rank: #7900

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Grants Pass, OR
• County: Josephine County · 73,366 people
• City population: 73,366
• Metro: Grants Pass, OR
• Population (ZIP): 37,330
• Household income: $66,975
• Rent vs Own: 28.0% rent · 72.0% own
• Severe rent burden: 1018.0

Population outlook (Josephine County) Hauer SSP2

• Today (2025): 87,883 people
• By 2030: 89,055 · +1.3%
• By 2040: 90,396 · +2.9%
• By 2050: 90,801 · +3.3%
• By 2075: 89,880 · +2.3%
• By 2100: 81,252 · -7.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 11% Two or more races 9%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Italian 4% Portuguese 3% Lithuanian 3%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 94% English-only · Spanish 4% German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Josephine

• 2024 margin: Strong R (+29.1) · D 34.2% · R 63.3% · Other 2.5%
• 2008→2024 swing: -15.8pp toward R · 2008: -13.2pp · 2024: -29.1pp
• All cycles: 2024: R+29.1 2020: R+25.8 2016: R+31.4 2012: R+21.9 2008: R+13.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -203.09%
• Current HPI: 318.0477
• Rent YoY: ▲ 3.05%
• Metro: Grants Pass, 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

+55.6% since first listed

30 events — show timeline

• 2026-04-14 Price Changed $139,900 MLSCO
• 2026-04-01 Relisted — MLSCO
• 2026-03-03 Price Changed $134,900 MLSCO
• 2026-02-04 Relisted — MLSCO
• 2025-12-12 Pending — MLSCO
• 2025-12-12 Listing Removed — MLSCO
• 2025-11-08 Relisted — MLSCO
• 2025-11-01 Relisted — MLSCO
• 2025-10-31 Relisted — MLSCO
• 2025-10-19 Price Changed $139,900 MLSCO
• 2025-10-08 Price Changed $149,900 MLSCO
• 2025-09-23 Relisted — MLSCO
• 2025-09-06 Pending — MLSCO
• 2025-09-06 Listing Removed — MLSCO
• 2025-09-06 Listing Removed — MLSCO
• 2025-09-06 Listing Removed — MLSCO
• 2025-09-02 Relisted — MLSCO
• 2025-08-30 Pending — MLSCO
• 2025-08-22 Price Changed $159,900 MLSCO
• 2025-08-01 Relisted — MLSCO
• 2025-06-01 Relisted — MLSCO
• 2025-05-23 Pending — MLSCO
• 2025-05-23 Listing Removed — MLSCO
• 2025-05-06 Relisted — MLSCO
• 2025-05-04 Pending — MLSCO
• 2025-04-29 Listed $164,900 MLSCO
• 2020-04-27 Listing Removed — MLSCO
• 2019-06-13 Sold (MLS) $84,900 MLSCO
• 2019-05-14 Listed $84,900 MLSCO
• 2007-09-14 Listed $89,900 MLSCO

Property tax history

+12.7%/yr

Latest (2025): $1,098 · +6.1% YoY. Source: county tax records.