2150 Laura St #44 · Springfield, OR 97477

$29,900

2 bd · 1.5 ba · 36 sqft · Manufactured public records · 224 Days on market

Built 1970 $831/sqft · 1173% above area Est $52k · 43% under ↓ 30% since listing

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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 +15.0/30.0
• ARV discount +15.0/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• 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

Charming Home in 55+ Monta Loma Estate Park! Step inside to an inviting open-concept floor plan that makes the 800 sq. ft. interior feel bright and spacious. This well-designed home offers 2 comfortable bedrooms and 1.5 baths, including an easy walk-in shower, creating the perfect balance of style and functionality. Outside, enjoy low-maintenance landscaping with bubbler irrigation on timers, cedar privacy fencing with two access gates, and a private gated patio—ideal for relaxing or entertaining. The fenced yard, covered carport, and two storage sheds provide added convenience. Space #44 is peacefully located within the community, set back from busy roads for extra privacy and quiet.

Key facts

• Easy walk-in shower
• Private gated patio
• Bubbler irrigation

Tags

• OPEN-CONCEPT FLOOR PLAN
• EASY WALK-IN SHOWER
• LOW-MAINTENANCE LANDSCAPING
• BUBBLER IRRIGATION
• CEDAR PRIVACY FENCING
• PRIVATE GATED PATIO

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath manufactured listed at $30k.

Deal economics

• At list price, monthly cash flow is $917 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $30k).
• Recommended offer: $26k (12.0% below list) — sets the bar for market timing.
• Cap rate 43.1% 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: schools D+, 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.
• Market conditions: Rents rising fast (+4.8%/yr); 163 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $207 of loan paydown is wiped out by about $897 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 + 4.8% rent growth), your $8k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 224 days — a 12% lower offer ($26k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago; this cycle's ask has dropped $15k (33%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $26,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 224 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1970 — 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: 4.76% ✓
• Cap rate: 43.11%
• Cash-on-cash: 131.50%
• DSCR: 6.85
• GRM: 1.8

CMA / ARV

• ARV (median comp): $52,176
• List price: $29,900
• Delta: -42.69%
• Verdict: UNDERPRICED
• Comps: 7 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.81% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 7.72×
• Total profit: $56,244
• Equity at exit: $4,458

10-year hold

• IRR: —
• Equity multiple: 17.19×
• Total profit: $135,534
• Equity at exit: $2,585

Cash invested: $8,372 (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 97477

• Rents YoY: 4.8%
• Active inventory: 163
• Price-to-rent: 1.8×

Monthly cashflow live

• Estimated rent: $1,423 high
• Mortgage (P&I): −$157
• Tax est. 1.5%: −$37 /mo · $448/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $917

Break-even live

Break-even rent $262

Max offer price $29,900

Occupancy floor 31%

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: $7,475
• Closing costs: $897
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
363 Lindale Dr Springfield, OR	2.0	1.0	776	$1,522	$1.96	13d	10	0.12mi
2220 Shadylane Dr Springfield, OR	2.0	1.5	860	$1,730	$2.01	21d	4	0.19mi
460 Lindale Dr Springfield, OR	1.0–2.0	1.0	770	$1,839	$2.39	13d	9	0.20mi
2255 Shadylane Dr Unit 2253 Springfield, OR	2.0	1.0	810	$1,595	$1.97	43d	1	0.22mi
2420 Pheasant Blvd Apt 10 Springfield, OR	2.0	1.0	—	$1,150	—	43d	1	0.27mi
2420 Pheasant Blvd Apt 10 Springfield, OR	2.0	1.0	835	$1,195	$1.43	21d	1	0.27mi
565 Harlow Rd Springfield, OR	2.0	1.0	855	$1,592	$1.86	13d	8	0.27mi
636 W Quinalt St Springfield, OR	3.0	1.5	1045	$1,595	$1.53	43d	1	0.37mi
171 S St Unit 10 Springfield, OR	2.0	1.0	—	$1,450	—	43d	1	0.38mi
668 W Quinalt St Springfield, OR	3.0	1.5	1100	$1,695	$1.54	43d	1	0.38mi
243 R St Springfield, OR	2.0	1.5	830	$1,649	$1.99	13d	5	0.47mi
243 R St Springfield, OR	1.0–3.0	1.0–2.5	867	$1,649	$1.90	43d	6	0.47mi
2609 S Cloverleaf Loop Unit 2609 Springfield, OR	3.0	1.5	1500	$1,975	$1.32	13d	1	0.52mi
486 W N St Springfield, OR	2.0	1.0	800	$1,345	$1.68	43d	1	0.55mi
956 W Olympic St Springfield, OR	3.0	2.0	1212	$2,200	$1.82	13d	1	0.60mi
885 Oakdale Ave Springfield, OR	2.0	1.0	844	$1,502	$1.78	21d	5	0.60mi
2555 Gateway St Springfield, OR	2.0	1.0	682	$1,649	$2.42	21d	14	0.61mi
506 W Centennial Blvd Springfield, OR	1.0–3.0	1.0–2.0	1182	$1,684	$1.42	21d	3	0.68mi
506 W Centennial Blvd Springfield, OR	2.0	1.0	885	$1,684	$1.90	13d	4	0.68mi
790 Northridge Ave Springfield, OR	2.0	1.0	—	$1,695	—	43d	1	0.75mi
957 W L St Unit 973WL Springfield, OR	2.0	1.0	—	$1,450	—	43d	1	0.78mi
1725 N 5th St Unit P-070 Springfield, OR	1.0	1.0	580	$1,395	$2.41	43d	1	0.78mi
1725 5th St Springfield, OR	1.0–2.0	1.0	705	$1,495	$2.12	13d	9	0.84mi
1540 7th St Springfield, OR	3.0	2.0	—	$2,295	—	43d	1	0.85mi
3033 Gateway St Springfield, OR	1.0–2.0	1.0	750	$1,700	$2.27	13d	15	0.85mi
844 Mill St Springfield, OR	2.0	1.0	700	$1,295	$1.85	21d	1	1.02mi
844 Mill St Springfield, OR	1.0	1.0	600	$1,095	$1.82	44d	1	1.02mi
844 Mill St Springfield, OR	1.0	1.0	600	$1,095	$1.82	43d	1	1.02mi
3255 Gateway St Springfield, OR	2.0	1.0	640	$1,535	$2.40	13d	1	1.02mi
175 G St Unit C Springfield, OR	3.0	1.0	975	$1,450	$1.49	43d	1	1.07mi
711 S Mill St Unit 71107 Springfield, OR	1.0	1.0	—	$995	—	43d	1	1.08mi
700 1st St Unit 18 Springfield, OR	2.0	1.0	900	$1,350	$1.50	13d	1	1.10mi
650 Mill St Springfield, OR	1.0	1.0	—	$1,095	—	21d	1	1.11mi
650 Mill St Unit 18 Springfield, OR	2.0	1.0	700	$1,095	$1.56	43d	1	1.11mi
736 4th St Unit 1 Springfield, OR	1.0	1.0	—	$995	—	43d	1	1.14mi
736 4th St Unit 18 Springfield, OR	1.0	1.0	—	$995	—	13d	1	1.14mi
1201 R St Unit 3 Springfield, OR	2.0	1.0	850	$1,395	$1.64	43d	1	1.14mi
712 4th St Unit 18 Springfield, OR	1.0	1.0	—	$995	—	21d	1	1.15mi
22 E St Springfield, OR	2.0	1.0	—	$1,695	—	13d	1	1.15mi
1217 R St #5 Springfield, OR	2.0	1.0	900	$1,395	$1.55	21d	1	1.17mi

Listing history 29 events

1. 2026-06-18
   days on market $29,900 Active 224 DOM
2. 2026-06-17
   days on market $29,900 Active 223 DOM
3. 2026-06-16
   days on market $29,900 Active 222 DOM
4. 2026-06-15
   days on market $29,900 Active 221 DOM
5. 2026-06-14
   days on market $29,900 Active 219 DOM
6. 2026-06-10
   days on market $29,900 Active 216 DOM
7. 2026-06-09
   days on market $29,900 Active 215 DOM
8. 2026-06-08
   days on market $29,900 Active 214 DOM
9. 2026-06-07
   days on market $29,900 Active 213 DOM
10. 2026-06-03
    pricedays on market $29,900 Active 209 DOM
11. 2026-06-02
    days on market $34,900 Active 208 DOM
12. 2026-06-01
    days on market $34,900 Active 207 DOM
13. 2026-05-31
    days on market $34,900 Active 206 DOM
14. 2026-05-30
    days on market $34,900 Active 205 DOM
15. 2026-02-26
    price $34,900 699-char remark

    Show marketing remark (699 chars)

    Charming Home in 55+ Monta Loma Estate Park! Step inside to an inviting open-concept floor plan that makes the 800 sq. ft. interior feel bright and spacious. This well-designed home offers 2 comfortable bedrooms and 1.5 baths, including an easy walk-in shower, creating the perfect balance of style and functionality. Outside, enjoy low-maintenance landscaping with bubbler irrigation on timers, cedar privacy fencing with two access gates, and a private gated patio—ideal for relaxing or entertaining. The fenced yard, covered carport, and two storage sheds provide added convenience. Space #44 is peacefully located within the community, set back from busy roads for extra privacy and quiet.

16. 2026-02-03
    status Active 699-char remark

    Show marketing remark (699 chars)

    Charming Home in 55+ Monta Loma Estate Park! Step inside to an inviting open-concept floor plan that makes the 800 sq. ft. interior feel bright and spacious. This well-designed home offers 2 comfortable bedrooms and 1.5 baths, including an easy walk-in shower, creating the perfect balance of style and functionality. Outside, enjoy low-maintenance landscaping with bubbler irrigation on timers, cedar privacy fencing with two access gates, and a private gated patio—ideal for relaxing or entertaining. The fenced yard, covered carport, and two storage sheds provide added convenience. Space #44 is peacefully located within the community, set back from busy roads for extra privacy and quiet.

17. 2026-01-30
    price $39,900 699-char remark

    Show marketing remark (699 chars)

    Charming Home in 55+ Monta Loma Estate Park! Step inside to an inviting open-concept floor plan that makes the 800 sq. ft. interior feel bright and spacious. This well-designed home offers 2 comfortable bedrooms and 1.5 baths, including an easy walk-in shower, creating the perfect balance of style and functionality. Outside, enjoy low-maintenance landscaping with bubbler irrigation on timers, cedar privacy fencing with two access gates, and a private gated patio—ideal for relaxing or entertaining. The fenced yard, covered carport, and two storage sheds provide added convenience. Space #44 is peacefully located within the community, set back from busy roads for extra privacy and quiet.

18. 2026-01-26
    historical Active with Bumpable Contingency 699-char remark

    Show marketing remark (699 chars)

    Charming Home in 55+ Monta Loma Estate Park! Step inside to an inviting open-concept floor plan that makes the 800 sq. ft. interior feel bright and spacious. This well-designed home offers 2 comfortable bedrooms and 1.5 baths, including an easy walk-in shower, creating the perfect balance of style and functionality. Outside, enjoy low-maintenance landscaping with bubbler irrigation on timers, cedar privacy fencing with two access gates, and a private gated patio—ideal for relaxing or entertaining. The fenced yard, covered carport, and two storage sheds provide added convenience. Space #44 is peacefully located within the community, set back from busy roads for extra privacy and quiet.

19. 2026-01-19
    status Pending 699-char remark

    Show marketing remark (699 chars)

    Charming Home in 55+ Monta Loma Estate Park! Step inside to an inviting open-concept floor plan that makes the 800 sq. ft. interior feel bright and spacious. This well-designed home offers 2 comfortable bedrooms and 1.5 baths, including an easy walk-in shower, creating the perfect balance of style and functionality. Outside, enjoy low-maintenance landscaping with bubbler irrigation on timers, cedar privacy fencing with two access gates, and a private gated patio—ideal for relaxing or entertaining. The fenced yard, covered carport, and two storage sheds provide added convenience. Space #44 is peacefully located within the community, set back from busy roads for extra privacy and quiet.

20. 2026-01-02
    price $42,500 699-char remark

    Show marketing remark (699 chars)

    Charming Home in 55+ Monta Loma Estate Park! Step inside to an inviting open-concept floor plan that makes the 800 sq. ft. interior feel bright and spacious. This well-designed home offers 2 comfortable bedrooms and 1.5 baths, including an easy walk-in shower, creating the perfect balance of style and functionality. Outside, enjoy low-maintenance landscaping with bubbler irrigation on timers, cedar privacy fencing with two access gates, and a private gated patio—ideal for relaxing or entertaining. The fenced yard, covered carport, and two storage sheds provide added convenience. Space #44 is peacefully located within the community, set back from busy roads for extra privacy and quiet.

21. 2025-10-30
    listed $44,900 Active 699-char remark

    Show marketing remark (699 chars)

    Charming Home in 55+ Monta Loma Estate Park! Step inside to an inviting open-concept floor plan that makes the 800 sq. ft. interior feel bright and spacious. This well-designed home offers 2 comfortable bedrooms and 1.5 baths, including an easy walk-in shower, creating the perfect balance of style and functionality. Outside, enjoy low-maintenance landscaping with bubbler irrigation on timers, cedar privacy fencing with two access gates, and a private gated patio—ideal for relaxing or entertaining. The fenced yard, covered carport, and two storage sheds provide added convenience. Space #44 is peacefully located within the community, set back from busy roads for extra privacy and quiet.

22. 2023-09-06
    soldstatus $38,500 Closed 756-char remark

    Show marketing remark (756 chars)

    55+ Monta Loma Estate Park home features: newer (less than a year old) refrigerator, stove, microwave, kitchen sink faucet and garbage disposal plus newer waterproof vinyl plank flooring in kitchen, dining, and living room. Updated landscaping with bubblers on timers, cedar privacy fencing with 2 access gates, newer cedar privacy patio with gate, and newer light fixtures. Small, fenced yard. Carport plus two storage sheds! Newer exterior paint. 2 bedrooms, 1 1/2 baths. Open concept floor plan makes the 800 sqft feel much bigger. Heating and cooling systems are in good working order. $45,900. Space rent $875/month. Space # 44 is tucked away in the park and not near any busy roads. Great neighbors! Back on market thru no fault of the home. $39,900.

23. 2023-08-27
    status Pending 756-char remark

    Show marketing remark (756 chars)

    55+ Monta Loma Estate Park home features: newer (less than a year old) refrigerator, stove, microwave, kitchen sink faucet and garbage disposal plus newer waterproof vinyl plank flooring in kitchen, dining, and living room. Updated landscaping with bubblers on timers, cedar privacy fencing with 2 access gates, newer cedar privacy patio with gate, and newer light fixtures. Small, fenced yard. Carport plus two storage sheds! Newer exterior paint. 2 bedrooms, 1 1/2 baths. Open concept floor plan makes the 800 sqft feel much bigger. Heating and cooling systems are in good working order. $45,900. Space rent $875/month. Space # 44 is tucked away in the park and not near any busy roads. Great neighbors! Back on market thru no fault of the home. $39,900.

24. 2023-08-15
    price $39,900 756-char remark

    Show marketing remark (756 chars)

    55+ Monta Loma Estate Park home features: newer (less than a year old) refrigerator, stove, microwave, kitchen sink faucet and garbage disposal plus newer waterproof vinyl plank flooring in kitchen, dining, and living room. Updated landscaping with bubblers on timers, cedar privacy fencing with 2 access gates, newer cedar privacy patio with gate, and newer light fixtures. Small, fenced yard. Carport plus two storage sheds! Newer exterior paint. 2 bedrooms, 1 1/2 baths. Open concept floor plan makes the 800 sqft feel much bigger. Heating and cooling systems are in good working order. $45,900. Space rent $875/month. Space # 44 is tucked away in the park and not near any busy roads. Great neighbors! Back on market thru no fault of the home. $39,900.

25. 2023-08-14
    status Active 756-char remark

    Show marketing remark (756 chars)

    55+ Monta Loma Estate Park home features: newer (less than a year old) refrigerator, stove, microwave, kitchen sink faucet and garbage disposal plus newer waterproof vinyl plank flooring in kitchen, dining, and living room. Updated landscaping with bubblers on timers, cedar privacy fencing with 2 access gates, newer cedar privacy patio with gate, and newer light fixtures. Small, fenced yard. Carport plus two storage sheds! Newer exterior paint. 2 bedrooms, 1 1/2 baths. Open concept floor plan makes the 800 sqft feel much bigger. Heating and cooling systems are in good working order. $45,900. Space rent $875/month. Space # 44 is tucked away in the park and not near any busy roads. Great neighbors! Back on market thru no fault of the home. $39,900.

26. 2023-08-07
    historical Active Under Contract 756-char remark

    Show marketing remark (756 chars)

    55+ Monta Loma Estate Park home features: newer (less than a year old) refrigerator, stove, microwave, kitchen sink faucet and garbage disposal plus newer waterproof vinyl plank flooring in kitchen, dining, and living room. Updated landscaping with bubblers on timers, cedar privacy fencing with 2 access gates, newer cedar privacy patio with gate, and newer light fixtures. Small, fenced yard. Carport plus two storage sheds! Newer exterior paint. 2 bedrooms, 1 1/2 baths. Open concept floor plan makes the 800 sqft feel much bigger. Heating and cooling systems are in good working order. $45,900. Space rent $875/month. Space # 44 is tucked away in the park and not near any busy roads. Great neighbors! Back on market thru no fault of the home. $39,900.

27. 2023-07-16
    status Pending 756-char remark

    Show marketing remark (756 chars)

    55+ Monta Loma Estate Park home features: newer (less than a year old) refrigerator, stove, microwave, kitchen sink faucet and garbage disposal plus newer waterproof vinyl plank flooring in kitchen, dining, and living room. Updated landscaping with bubblers on timers, cedar privacy fencing with 2 access gates, newer cedar privacy patio with gate, and newer light fixtures. Small, fenced yard. Carport plus two storage sheds! Newer exterior paint. 2 bedrooms, 1 1/2 baths. Open concept floor plan makes the 800 sqft feel much bigger. Heating and cooling systems are in good working order. $45,900. Space rent $875/month. Space # 44 is tucked away in the park and not near any busy roads. Great neighbors! Back on market thru no fault of the home. $39,900.

28. 2023-06-28
    price $45,900 756-char remark

    Show marketing remark (756 chars)

    55+ Monta Loma Estate Park home features: newer (less than a year old) refrigerator, stove, microwave, kitchen sink faucet and garbage disposal plus newer waterproof vinyl plank flooring in kitchen, dining, and living room. Updated landscaping with bubblers on timers, cedar privacy fencing with 2 access gates, newer cedar privacy patio with gate, and newer light fixtures. Small, fenced yard. Carport plus two storage sheds! Newer exterior paint. 2 bedrooms, 1 1/2 baths. Open concept floor plan makes the 800 sqft feel much bigger. Heating and cooling systems are in good working order. $45,900. Space rent $875/month. Space # 44 is tucked away in the park and not near any busy roads. Great neighbors! Back on market thru no fault of the home. $39,900.

29. 2023-05-14
    listed $49,900 Active 756-char remark

    Show marketing remark (756 chars)

    55+ Monta Loma Estate Park home features: newer (less than a year old) refrigerator, stove, microwave, kitchen sink faucet and garbage disposal plus newer waterproof vinyl plank flooring in kitchen, dining, and living room. Updated landscaping with bubblers on timers, cedar privacy fencing with 2 access gates, newer cedar privacy patio with gate, and newer light fixtures. Small, fenced yard. Carport plus two storage sheds! Newer exterior paint. 2 bedrooms, 1 1/2 baths. Open concept floor plan makes the 800 sqft feel much bigger. Heating and cooling systems are in good working order. $45,900. Space rent $875/month. Space # 44 is tucked away in the park and not near any busy roads. Great neighbors! Back on market thru no fault of the home. $39,900.

ⓘ 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 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 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 15 unhealthy d/yr today · 16 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,074
• − Mortgage interest: −$1,675
• − Property taxes: −$448
• − Insurance: −$150
• − Repairs & maintenance: −$1,366
• − Management: −$1,366
• − Depreciation: −$870
• Taxable income: $11,199
• Est. tax owed @ 24.0%: −$2,688
• After-tax cash flow: $8,321/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

• Census place: Springfield, OR
• County: Lane County · 310,476 people
• City population: 76,907
• Metro: Eugene-Springfield, OR
• Population (ZIP): 37,534
• Household income: $65,662
• Rent vs Own: 47.2% rent · 52.8% own
• Severe rent burden: 1817.0

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 (77%)
• Race & ethnicity: White 77% Hispanic / Latino 13% Two or more races 10% Asian 1% Native American 1%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Lithuanian 4% Portuguese 4% Italian 3%
• Foreign-born: 6% · Canada
• Languages at home: 89% English-only · Spanish 9% Other Asian/Pacific 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: ▼ -489.08%
• Current HPI: 299.6863
• Rent YoY: ▲ 4.81%
• 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

-30.1% since first listed

15 events — show timeline

• 2026-02-26 Price Changed $34,900 RMLS
• 2026-02-03 Relisted — RMLS
• 2026-01-30 Price Changed $39,900 RMLS
• 2026-01-26 Contingent — RMLS
• 2026-01-19 Pending — RMLS
• 2026-01-02 Price Changed $42,500 RMLS
• 2025-10-30 Listed $44,900 RMLS
• 2023-09-06 Sold (MLS) $38,500 RMLS
• 2023-08-27 Pending — RMLS
• 2023-08-15 Price Changed $39,900 RMLS
• 2023-08-14 Relisted — RMLS
• 2023-08-07 Contingent — RMLS
• 2023-07-16 Pending — RMLS
• 2023-06-28 Price Changed $45,900 RMLS
• 2023-05-14 Listed $49,900 RMLS

Property tax history

-40.0%/yr

Latest (2015): $6 · +0.0% YoY. Source: county tax records.