Real Estate Investing in Scio, Oregon (97374)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97374 (Scio, OR)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 36.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Scio, OR (97374)?
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Market Analysis: 97374 Scio
Investors eyeing 97374 need to respect the fundamentals at play. Home values of $587K come alongside slower price movement and elevated management overhead.
The investment case in 97374 is durable only for operators who understand what they are buying. A $587K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Scio have seen price recovery that 97374 has not matched. Linn County data supports the view that the spread is structural rather than temporary.
The demographic picture in 97374 includes headwinds that any investor should price in. Income distribution skews lower than Scio averages, and tenant stability requires active management.
New investors are better served looking at Scio's stable or hybrid ZIPs before stepping into 97374. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Scio:
Property Strategy for 97374
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $374,737 | $1,500 | 2.9% | +6.3% | $187,369 |
| 3BR | $562,693 | $2,030 | 2.6% | +7.4% | $187,564 |
| 4BR | $714,716 | $2,360 | 2.4% | +7.3% | $178,679 |
Market Trends
Home Value History (with trend line)
📊 How Does 97374 Compare?
| Metric | 97374 | Scio | Albany-Lebanon, OR | Oregon |
|---|---|---|---|---|
| Home Value | $587,131 | $587,131 | N/A | $493,884 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 4.9% |
| Avg Rent | $1,350 | $1,350 | N/A | - |
| Cap Rate | 1.8% | 1.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97374 (Scio, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $587,131 |
| Monthly Rent | $1,350 |
| Price-to-Rent | 36.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 97374
Population: 5,135
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 97374
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How expensive is real estate in Scio, OR?
The median home value in Scio, OR is roughly $587K. That puts it reasonable relative to the OR statewide average.
Are renters plentiful in Scio, OR?
Working renters make up the core of the Scio, OR tenant base. The pool is reasonable for investors targeting long-term holds.
What strategy should investors use in Scio, OR?
Investors usually favor careful cash-flow rentals with hands-on management in Scio, OR. With home values at $587K and rents near $1,350/mo, other strategies can work but produce even-keeled rather than outsized returns.
How landlord-friendly is Scio, OR?
The landlord environment in Scio, OR is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Do landlords face vacancy issues in Scio, OR?
Rental vacancy in Scio, OR is elevated. Investors should budget normal turnover but not chronic empty units.
You know 97374 now. You don’t know where it ranks.
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How 97374 ranks in Albany-Lebanon, OR
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