Real Estate Investing in Newport, Oregon (97365)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97365 (Newport, 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: 17.8% of homes vacant — above national norms.
What’s happening in Newport, OR (97365)?
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Market Analysis: 97365 Newport
The 97365 ZIP covers a section of Newport that demands careful diligence. Prices near $438K look accessible, but the work to make a deal cash flow is real.
The investment case in 97365 is resilient only for operators who understand what they are buying. A $438K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 97365 among OR's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 97365 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 97365 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Newport:
Property Strategy for 97365
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $251,524 | $1,140 | 3.3% | +3.6% | $251,524 |
| 2BR | $382,153 | $1,490 | 2.8% | +7.4% | $191,077 |
| 3BR | $512,596 | $2,060 | 2.9% | +7.9% | $170,865 |
| 4BR | $624,258 | $2,500 | 2.9% | +7.9% | $156,064 |
| 5BR | $724,973 | — | — | +7.3% | $144,995 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 97365 Compare?
| Metric | 97365 | Newport | Newport, OR | Oregon |
|---|---|---|---|---|
| Home Value | $438,001 | $495,573 | N/A | $493,884 |
| 5-Year CAGR | 2.8% | 3.2% | N/A | 4.9% |
| Avg Rent | $2,067 | $1,852 | N/A | - |
| Cap Rate | 3.7% | 3.0% | - | - |
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 97365 (Newport, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $438,001 |
| Monthly Rent | $2,067 |
| Price-to-Rent | 17.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | -1.7% ▼ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (3.7%). 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 97365
Population: 10,905
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 97365
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How do home values compare in Newport, OR?
Homes in Newport, OR typically sell near $438K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
How much do tenants pay in Newport, OR?
Rent in Newport, OR is around $2,067/mo. The resulting rent-to-value relationship with $438K pricing is reasonable for most investor models.
How do experienced investors play Newport, OR?
The best-fit strategy in Newport, OR is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Can owner-occupants cash flow in Newport, OR?
Newport, OR offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,067/mo rent level.
Is Newport, OR landlord-friendly?
OR ranks as a landlord-friendly state for landlord-tenant law. Newport generally follows the statewide framework, so landlords face reasonable operating rules.
You know 97365 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97365 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 97365 ranks in Newport, OR
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