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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Springfield, OR
Fix & Flip
$ 177,000
ROI
27.7
Cash Flow/m
390- 2 Bed
- 1 Bath
- 864 sft
1012 W L St, Springfield, OR, 97477
Fix & Flip
$ 185,000
ROI
24.8Cash Flow/m
259- 2 Bed
- 2 Bath
- 880 sft
650 Harlow Rd APT 130, Springfield, OR, 97477
$ 244,100
ROI
26.2Cash Flow/m
439- 2 Bed
- 1 Bath
- 920 sft
2727 Gateway St APT 27, Springfield, OR, 97477
$ 349,500
ROI
20.2Cash Flow/m
46- 3 Bed
- 2 Bath
- 1606 sft
949 Prescott Ln, Springfield, OR, 97477
Why Invest in Springfield, Oregon?
Springfield, OR offers strong potential for condo investors seeking steady rental demand near Eugene. With a stable housing market and median home values around $410k, condos provide accessible entry points. Rental yields average 5.5%, supported by university proximity and local employment. Cap rates hover at 6%, with modest 2-3% annual appreciation amid low vacancy. Cash flow remains positive due to growing renter occupancy at 42%.
7.2%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 5.5% due to university demand and stable employment. Low vacancy and modest appreciation make them reliable for cash flow. Proximity to Eugene enhances tenant appeal.
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