Under $500K Investment Properties for Sale in Springfield, OR
241- 3 Bed
- 2 Bath
- 1296 sft
517- 4 Bed
- 3 Bath
- 1906 sft
128- 3 Bed
- 3 Bath
- 1395 sft
13- 3 Bed
- 2 Bath
- 1592 sft
Why Invest in Springfield, Oregon?
Springfield, OR offers strong opportunities for investors targeting properties under $500k amid a stable housing market. With median home prices around $414k-$432k, affordable single-family homes and rentals provide solid entry points. Rental yields average 5-6% with cap rates near 6%, supported by steady appreciation and a renter-occupied rate over 40%. Local employment in manufacturing and healthcare drives consistent demand, while low vacancy supports cash flow. The market's balance favors patient investors as inventory rises slightly.
Frequently Asked Questions
Yes, with median prices at $414k-$432k, many single-family homes and duplexes under $500k are available. These offer good rental yields around 5-6% in a stable market. Focus on areas near Eugene for higher demand.
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