Real Estate Investing in Newport, Oregon (97366)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97366 (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: 26.6% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 28.1 — 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 Newport, OR (97366)?
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Market Analysis: 97366 Newport
ZIP 97366 in Newport, OR carries a substantial set of headwinds. Home values near $553K and rents of $1,638/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 97366 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 97366 sits on the difficult end of the OR spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 97366 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. impressive returns are possible in 97366, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Newport:
Property Strategy for 97366
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $489,598 | $1,820 | 2.7% | +7.5% | $244,799 |
| 3BR | $597,867 | $2,510 | 3.0% | +8.3% | $199,289 |
Market Trends
Home Value History (with trend line)
📊 How Does 97366 Compare?
| Metric | 97366 | Newport | Newport, OR | Oregon |
|---|---|---|---|---|
| Home Value | $553,145 | $495,573 | N/A | $493,884 |
| 5-Year CAGR | 3.7% | 3.2% | N/A | 4.9% |
| Avg Rent | $1,638 | $1,852 | N/A | - |
| Cap Rate | 2.3% | 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 97366 (Newport, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $553,145 |
| Monthly Rent | $1,638 |
| Price-to-Rent | 28.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | -0.5% ▼ |
| 3-Year CAGR | +0.0% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (2.3%). 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 97366
Population: 2,169
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
Is housing expensive in Newport, OR?
Newport, OR median home values land near $553K. That is reasonable territory for investors looking at $1,638/mo-per-month rentals.
How strong is tenant demand in Newport, OR?
Working renters make up the core of the Newport, OR tenant base. The pool is reasonable for investors targeting long-term holds.
Are eviction rules reasonable in Newport, OR?
For rental operators, Newport, OR rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What kind of market is Newport, OR for investors?
Our data puts Newport, OR at 3.0/5 for investability. Home prices of $553K and rents around $1,638/mo create a solid backdrop for investor activity.
Is house hacking profitable in Newport, OR?
House hacking works a challenging in Newport, OR. Rents of $1,638/mo against $553K acquisition make the strategy solid for owner-occupants.
You know 97366 now. You don’t know where it ranks.
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How 97366 ranks in Newport, OR
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