Real Estate Investing in Logsden, Oregon (97357)
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Should you buy in 97357 (Logsden, OR)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
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 30.0 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Logsden, OR (97357)?
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Market Analysis: 97357 Logsden
ZIP 97357 inside Lincoln County looks affordable on the surface — median value of $505K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 97357 is notable only for operators who understand what they are buying. A $505K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 97357 sits on the difficult end of the OR spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Meanwhile, 206 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Logsden's stable or hybrid ZIPs before stepping into 97357. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Logsden:
Market Trends
Home Value History (with trend line)
📊 How Does 97357 Compare?
| Metric | 97357 | Logsden | Newport, OR | Oregon |
|---|---|---|---|---|
| Home Value | $505,450 | $505,450 | N/A | $493,884 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 4.9% |
| Avg Rent | $1,404 | $1,404 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97357 (Logsden, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $505,450 |
| Monthly Rent | $1,404 |
| Price-to-Rent | 30.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | -1.5% ▼ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (2.2%). 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 97357
Population: 206
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the renter demographic in Logsden, OR?
Working renters make up the core of the Logsden, OR tenant base. The pool is reasonable for investors targeting long-term holds.
What is the rental occupancy rate in Logsden, OR?
Vacancy in Logsden, OR is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,404/mo.
What are home prices like in Logsden, OR?
Logsden, OR home values average about $505K. That price point suits investors targeting rentals with $1,404/mo in monthly income.
Where do rents currently stand in Logsden, OR?
Rental rates in Logsden, OR average $1,404/mo. Tenant demand and $505K home values make the yield look reasonable by investor standards.
Does a duplex house hack pencil in Logsden, OR?
House hacking in Logsden, OR is a challenging. With home values around $505K and rents at $1,404/mo, owner-occupants can offset a meaningful share of PITI.
You know 97357 now. You don’t know where it ranks.
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How 97357 ranks in Newport, OR
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