Real Estate Investing in Neotsu, Oregon (97364)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97364 (Neotsu, OR)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 38.7% of homes vacant — above national norms.
• 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 Neotsu, OR (97364)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97364 Neotsu
Investors eyeing 97364 need to respect the fundamentals at play. Home values of $533K come alongside slower price movement and elevated management overhead.
For an experienced owner, 97364 can be a a strong candidate for hunting ground — but the discount at $533K reflects genuine risk that outside investors often underestimate.
In the broader OR picture, 97364 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 97364 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 97364 is an operator game, not a passive one. From an investor standpoint, entry prices of $533K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Neotsu:
Market Trends
Home Value History (with trend line)
📊 How Does 97364 Compare?
| Metric | 97364 | Neotsu | Newport, OR | Oregon |
|---|---|---|---|---|
| Home Value | $532,890 | $532,890 | N/A | $493,884 |
| 5-Year CAGR | 3.0% | 3.0% | N/A | 4.9% |
| Avg Rent | $1,827 | $1,827 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97364 (Neotsu, OR). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 97364 (Neotsu, OR)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $532,890 |
| Monthly Rent | $1,827 |
| Price-to-Rent | 24.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | -0.4% ▼ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (2.7%). 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 97364
Population: 637
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
Frequently Asked Questions
What is the smart move for investors in Neotsu, OR?
Investors usually favor careful cash-flow rentals with hands-on management in Neotsu, OR. With home values at $533K and rents near $1,827/mo, other strategies can work but produce reliable rather than outsized returns.
How strong is tenant demand in Neotsu, OR?
Expect a solid tenant pool in Neotsu, OR. The rental market absorbs $1,827/mo rents without meaningful friction.
Is Neotsu, OR a good place for real estate investing?
The 3.0/5 investability rating in Neotsu, OR reflects its $533K prices and $1,827/mo rents. Investors generally consider it a solid option within OR.
How do landlord-tenant laws work in Neotsu, OR?
Landlord-friendliness in Neotsu, OR is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Do landlords face vacancy issues in Neotsu, OR?
Neotsu, OR vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 97364 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97364 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 97364 ranks in Newport, OR
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 97364 (Neotsu)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 97364 (Neotsu, OR).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.