277 NE Conifer Blvd #91 · Corvallis, OR
Flood risk 3/10 · Minor
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.1%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $498 – $926
Heat risk 4/10 · Minor
- Hot days now (above 91°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 9/10 · Severe
- Unhealthy air days now
- 12 days/yr
- Unhealthy air days in 30 yrs
- 12 days/yr
Risk factors via First Street. Map © Google.
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 +13.8/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +4.9/10.0
- Livability +4.1/5.0
- Rent growth +3.9/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$120,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to Meadow Park Mobile Estates, a peaceful 55+ community where comfort and convenience come together. This well-maintained 3-bedroom, 2-bathroom manufactured home offers over 1,300 sq. ft. of living space, featuring a spacious covered front patio perfect for entertaining, a heat pump for year-round comfort, and a ramp for easy entry. All appliances — including washer, dryer, and refrigerator — are included, along with a carport, storage shed, and space for gardening. Residents enjoy access to a clubhouse and swimming pool, with a monthly space rent of approximately $655 that covers all utilities except electricity. Ideally located less than a mile from Good Samaritan Hospital, shopping, restaurants, and public transportation, this home offers a low-maintenance lifestyle in a welcoming and convenient community.
Key facts
- Covered front porch
- Space for garden
- Carport
Tags
Property features AI
Finance
- Other: Home warranty: none; No assessments/liens reported
- HOA & community: Park rent includes water, sewer, garbage, and cable; Community clubhouse and pool
Exterior
- Parking: Detached garage (1 car); Carport
- Utilities: City water; City sewer; Electric water heater; Park rent includes water, sewer, and garbage (plus cable)
- Home design: Double wide mobile home; Adult park; Located in Meadow Park
- Construction: Built in 1973; Aluminum siding with board & batt style; Metal or aluminum roof; Pier foundation; Shed outbuilding
- Exterior features: Covered deck; Landscaped; Storage shed; Space for garden; Carport
Interior
- Kitchen: Dishwasher; Electric built-in range; Refrigerator included
- Flooring: Carpet; Vinyl
- Heating & cooling: Forced air; Heat pump
- Interior features: High-speed communication available; Disposal included; Covered front porch; Ramp for easy access; Clubhouse and community pool (community amenities)
- Laundry & utility: Washer and dryer included; Electric water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $120k.
Deal economics
- At list price, monthly cash flow is $545 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $120k).
- Recommended offer: $116k (3.0% below list) — sets the bar for market timing.
- Cap rate 16.0% vs local median 2.6% in Corvallis — 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 82/100 on livability (#45 in OR, #1,113 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: cost of living F.
- Corvallis SD 509J (urban): math 49% / reading 62% proficiency, ranked #15 of 183 in OR (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Corvallis High School (1,284 students, 40% FRL).
- Market conditions: Rents rising fast (+5.7%/yr); 229 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 116 units permitted in Benton County in 2024 (0 in 5+ unit buildings).
- This rent runs 36% of the median local income ($71k/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 $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Benton County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 5.7% rent growth), your $34k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 53 days — a 3% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 9y ago; this cycle's ask has dropped $9k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 53 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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.
- 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.
- 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
- 1.79% ✓
- Cap rate
- 16.01%
- Cash-on-cash
- 34.71%
- DSCR
- 2.54
- GRM
- 4.7
CMA / ARV
- ARV (median comp)
- $139,364
- List price
- $120,000
- Delta
- -13.89%
- Verdict
- UNDERPRICED
- Comps
- 13 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 277 NE Conifer Blvd #24 | 0.00mi | 3/2.0 | 1,344 (0%) | 7mo | $97,900 | $73 | 94 |
| 277 NE Conifer Blvd #90 | 0.00mi | 2/2.0 (-1) | 1,428 (+6%) | 2mo | $94,000 | $66 | 83 |
| 277 NE Conifer Blvd #1 | 0.00mi | 3/2.0 | 1,440 (+7%) | 12mo | $70,000 | $49 | 78 |
| 277 NE Conifer Blvd #11 | 0.00mi | 3/2.0 | 1,440 (+7%) | 15mo | $129,000 | $90 | 75 |
| 2601 NE Jack London St #103 | 0.53mi | 3/2.0 | 1,296 (-4%) | 3mo | $192,000 | $148 | 67 |
| 2601 NE Jack London St #71 | 0.53mi | 3/2.0 | 1,404 (+4%) | 3mo | $162,000 | $115 | 66 |
| 2601 NE Jack London St #119 | 0.53mi | 3/2.0 | 1,352 (+1%) | 12mo | $230,000 | $170 | 64 |
| 277 NE Conifer Blvd #18 | 0.00mi | 2/2.0 (-1) | 1,152 (-14%) | 10mo | $88,500 | $77 | 63 |
| 2601 NE Jack London St #86 | 0.53mi | 2/2.0 (-1) | 1,309 (-3%) | 10mo | $159,000 | $121 | 58 |
| 2601 NE Jack London St #142 | 0.53mi | 3/2.0 | 1,512 (+12%) | 3mo | $250,000 | $165 | 52 |
| 2601 NE Jack London St #136 | 0.53mi | 3/2.0 | 1,188 (-12%) | 15mo | $140,000 | $118 | 44 |
| 2601 NE Jack London St #153 | 0.53mi | 3/2.0 | 1,512 (+12%) | 13mo | $238,400 | $158 | 43 |
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 · 5.74% rent growth · sell at horizon
- IRR
- 15.3%
- Equity multiple
- 1.64×
- Total profit
- $21,583
- Equity at exit
- $17,892
- IRR
- 26.4%
- Equity multiple
- 3.70×
- Total profit
- $90,788
- Equity at exit
- $10,375
Cash invested: $33,600 (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
ZIP-level market 97330
- Rents YoY
- 5.7%
- Active inventory
- 229
- Price-to-rent
- 4.7×
Monthly cashflow live
- Estimated rent
- $2,143 high interval (Pro) →
- Mortgage (P&I)
- −$629
- Tax from tax record
- −$42 /mo · $500/yr
- Insurance
- −$50
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$450
- Net cashflow
- $545
Break-even live
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
- $30,000
- Closing costs
- $3,600
- 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 11 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3113 NE Flintlock Pl Corvallis, OR | 3.0 | 1.5 | 1472 | $1,995 | $1.36 | 43d | 1 | 0.18mi |
| 213 NE Conifer Blvd Corvallis, OR | 1.0–3.0 | 1.0–2.5 | 1020 | $1,999 | $1.96 | 43d | 7 | 0.27mi |
| 1126 NE Conser Pl Corvallis, OR | 2.0 | 2.0 | 1026 | $2,200 | $2.14 | 43d | 1 | 0.56mi |
| 3424 NW Satinwood St Corvallis, OR | 3.0 | 1.5 | 1173 | $2,395 | $2.04 | 43d | 1 | 0.64mi |
| 2418 NW 9th St Unit 2420 Corvallis, OR | 3.0 | 1.5 | 1050 | $1,895 | $1.80 | 43d | 1 | 0.76mi |
| 720 NW Walnut Blvd Corvallis, OR | 3.0 | 1.5 | 1304 | $2,300 | $1.76 | 43d | 1 | 0.84mi |
| 2145 NW Highland Dr Apt 2 Corvallis, OR | 2.0 | 1.5 | 918 | $1,795 | $1.96 | 43d | 1 | 1.20mi |
| 991 NW Circle Blvd Corvallis, OR | 2.0 | 1.0 | 1020 | $1,395 | $1.37 | 43d | 1 | 1.22mi |
| 2232 NW 14th St Corvallis, OR | 3.0 | 1.0 | 1444 | $2,295 | $1.59 | 43d | 1 | 1.43mi |
| 2380 NW Green Cir Corvallis, OR | 3.0 | 1.0 | 1062 | $2,195 | $2.07 | 44d | 1 | 1.44mi |
| 2380 NW Rolling Green Dr Corvallis, OR | 2.0 | 1.0–1.5 | 746 | $1,845 | $2.47 | 43d | 8 | 1.47mi |
Listing history 36 events
-
2026-06-19days on market $120,000 Active 53 DOM
-
2026-06-18days on market $120,000 Active 52 DOM
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2026-06-17days on market $120,000 Active 51 DOM
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2026-06-16days on market $120,000 Active 50 DOM
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2026-06-15days on market $120,000 Active 49 DOM
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2026-06-14days on market $120,000 Active 47 DOM
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2026-06-10days on market $120,000 Active 44 DOM
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2026-06-09days on market $120,000 Active 43 DOM
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2026-06-08days on market $120,000 Active 42 DOM
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2026-06-07days on market $120,000 Active 41 DOM
-
2026-06-05days on market $120,000 Active 38 DOM
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2026-06-03days on market $120,000 Active 37 DOM
-
2026-06-02days on market $120,000 Active 36 DOM
-
2026-06-01days on market $120,000 Active 35 DOM
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2026-05-31days on market $120,000 Active 34 DOM
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2026-05-30days on market $120,000 Active 33 DOM
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2026-04-27$129,000 Active 342-char remark
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2025-09-05soldstatus $110,000 Closed 840-char remark
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
-
2025-09-05soldstatus $110,000 Sold
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
-
2025-07-29status Pending
Show marketing remark (840 chars)
Welcome to Meadow Park Mobile Estates, a peaceful 55+ community where comfort and convenience come together. This well-maintained 3-bedroom, 2-bathroom manufactured home offers over 1,300 sq. ft. of living space, featuring a spacious covered front patio perfect for entertaining, a heat pump for year-round comfort, and a ramp for easy entry. All appliances — including washer, dryer, and refrigerator — are included, along with a carport, storage shed, and space for gardening. Residents enjoy access to a clubhouse and swimming pool, with a monthly space rent of approximately $655 that covers all utilities except electricity. Ideally located less than a mile from Good Samaritan Hospital, shopping, restaurants, and public transportation, this home offers a low-maintenance lifestyle in a welcoming and convenient community.
-
2025-07-29status Pending 840-char remark
Show marketing remark (840 chars)
Welcome to Meadow Park Mobile Estates, a peaceful 55+ community where comfort and convenience come together. This well-maintained 3-bedroom, 2-bathroom manufactured home offers over 1,300 sq. ft. of living space, featuring a spacious covered front patio perfect for entertaining, a heat pump for year-round comfort, and a ramp for easy entry. All appliances — including washer, dryer, and refrigerator — are included, along with a carport, storage shed, and space for gardening. Residents enjoy access to a clubhouse and swimming pool, with a monthly space rent of approximately $655 that covers all utilities except electricity. Ideally located less than a mile from Good Samaritan Hospital, shopping, restaurants, and public transportation, this home offers a low-maintenance lifestyle in a welcoming and convenient community.
-
2025-07-15status Active
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
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2025-07-05historical Active Bumpable
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
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2025-06-07price $109,900
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
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2025-06-06price $109,900 840-char remark
Show marketing remark (840 chars)
Welcome to Meadow Park Mobile Estates, a peaceful 55+ community where comfort and convenience come together. This well-maintained 3-bedroom, 2-bathroom manufactured home offers over 1,300 sq. ft. of living space, featuring a spacious covered front patio perfect for entertaining, a heat pump for year-round comfort, and a ramp for easy entry. All appliances — including washer, dryer, and refrigerator — are included, along with a carport, storage shed, and space for gardening. Residents enjoy access to a clubhouse and swimming pool, with a monthly space rent of approximately $655 that covers all utilities except electricity. Ideally located less than a mile from Good Samaritan Hospital, shopping, restaurants, and public transportation, this home offers a low-maintenance lifestyle in a welcoming and convenient community.
-
2025-06-04status Active 840-char remark
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
-
2025-06-04status Active
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
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2025-05-30status Pending 840-char remark
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
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2025-05-30historical Active under Contract
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
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2025-05-10price $114,900
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
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2025-05-09price $114,900 840-char remark
Show marketing remark (840 chars)
Welcome to Meadow Park Mobile Estates, a peaceful 55+ community where comfort and convenience come together. This well-maintained 3-bedroom, 2-bathroom manufactured home offers over 1,300 sq. ft. of living space, featuring a spacious covered front patio perfect for entertaining, a heat pump for year-round comfort, and a ramp for easy entry. All appliances — including washer, dryer, and refrigerator — are included, along with a carport, storage shed, and space for gardening. Residents enjoy access to a clubhouse and swimming pool, with a monthly space rent of approximately $655 that covers all utilities except electricity. Ideally located less than a mile from Good Samaritan Hospital, shopping, restaurants, and public transportation, this home offers a low-maintenance lifestyle in a welcoming and convenient community.
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2025-04-09$128,500 Active 840-char remark
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
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2025-04-09$128,500 Active
Show marketing remark (520 chars)
Welcome to Meadow Park Mobile Estates, an affordable 55+ community. This well-maintained 3-bed/ 2-bath home offers +1,300 sq. ft. of living space, featuring a spacious covered front patio, heat pump, and a ramp for easy entry. All appliances — including washer, dryer, & refrigerator — are included, along with a carport, storage shed, & space for gardening. Residents enjoy access to a clubhouse w/ swimming pool & current monthly space rent of $655 that covers all utilities except electricity.
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2017-09-29soldstatus $35,060 Sold
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2017-09-12historical Active under Contract
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2017-06-13$38,000 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
- $500 · $42/mo
- Projected year-2 tax
- $1,164 · $97/mo
- Expected delta
- +$664/yr (+$55/mo · 132.7%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone AE · 10% 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 · 12 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
- $25,714
- − Mortgage interest
- −$6,722
- − Property taxes
- −$500
- − Insurance
- −$5,718
- − Repairs & maintenance
- −$2,057
- − Management
- −$2,057
- − Depreciation
- −$3,491
- Taxable income
- $5,168
- Est. tax owed @ 24.0%
- −$1,240
- After-tax cash flow
- $5,303/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
- Corvallis SD 509J
- NCES district ID
- 4103480
- Math proficiency
- 49% ▼ -3.00%
- Reading proficiency
- 62% ▼ -1.00%
- Median HH income
- $44,820
- Composite
- 48.62/100
- National rank
- #4584
- State rank
- #15 of 183 in OR
Livability — Corvallis
- Score
- 82/100
- State rank
- #45
- US rank
- #1113
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Corvallis, OR
- County
- Benton County · 98,484 people
- City population
- 67,812
- Metro
- Corvallis, OR
- Population (ZIP)
- 43,878
- Household income
- $70,742
- Rent vs Own
- Severe rent burden
- 3416.0
Population outlook (Benton County) Hauer SSP2
- Today (2025)
- 96,963 people
- By 2030
- 101,658 · +4.8%
- By 2040
- 110,157 · +13.6%
- By 2050
- 119,275 · +23.0%
- By 2075
- 145,172 · +49.7%
- By 2100
- 165,349 · +70.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (75%)
- Race & ethnicity
- White 75% Hispanic / Latino 9% Asian 9% Two or more races 7% Black 2%
- Hispanic origin (detail)
- Mexican 6%
- Common ancestry
- Italian 4% Portuguese 4% Slovak 3%
- Foreign-born
- 13% · Canada, China, South Korea
- Languages at home
- 84% English-only · Spanish 6% Chinese 3% Korean 2%
Political lean MEDSL · Benton
- 2024 margin
- Solid D (+39.6) · D 68.1% · R 28.5% · Other 3.5%
- 2008→2024 swing
- +8.1pp toward D · 2008: 31.5pp · 2024: 39.6pp
- All cycles
- 2024: D+39.6 2020: D+39.7 2016: D+33.8 2012: D+28.8 2008: D+31.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -420.12%
- Current HPI
- 298.7746
- Rent YoY
- ▲ 5.74%
- Metro
- Corvallis, 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
+215.8% since first listed21 events — show timeline
- 2026-05-22 Price Changed $120,000 WVMLS
- 2026-04-27 Listed $129,000 WVMLS
- 2025-09-05 Sold (MLS) $110,000 WVMLS
- 2025-09-05 Sold (MLS) $110,000 RMLS
- 2025-07-29 Pending — WVMLS
- 2025-07-29 Pending — RMLS
- 2025-07-15 Relisted — WVMLS
- 2025-07-05 Contingent — WVMLS
- 2025-06-07 Price Changed $109,900 WVMLS
- 2025-06-06 Price Changed $109,900 RMLS
- 2025-06-04 Relisted — RMLS
- 2025-06-04 Relisted — WVMLS
- 2025-05-30 Pending — RMLS
- 2025-05-30 Contingent — WVMLS
- 2025-05-10 Price Changed $114,900 WVMLS
- 2025-05-09 Price Changed $114,900 RMLS
- 2025-04-09 Listed $128,500 WVMLS
- 2025-04-09 Listed $128,500 RMLS
- 2017-09-29 Sold (MLS) $35,060 WVMLS
- 2017-09-12 Contingent — WVMLS
- 2017-06-13 Listed $38,000 WVMLS
Property tax history
+7.8%/yrLatest (2025): $500 · +3.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…