Real Estate Investing in Depoe Bay, Oregon (97369)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97369 (Depoe Bay, 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: 71.1% of homes vacant — above national norms.
- Elevated poverty: 53.2% poverty rate — can affect rent collection.
- Higher unemployment: 21.2% unemployment — tenant risk signal.
• 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 Depoe Bay, OR (97369)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97369 Depoe Bay
This part of Lincoln County is not an easy win. The 97369 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
On balance, the numbers look inviting — $292K purchase price, 0.0% nominal cap — the work to hit that pro forma in 97369 is substantial and deserves full respect.
Within OR, ZIP 97369 trails on several market indicators that neighboring Lincoln County submarkets outperform. The gap is real and robust enough to shape underwriting.
From a cash-flow lens, 327 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.
Strategy in 97369 is an operator game, not a passive one. From an investor standpoint, entry prices of $292K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Depoe Bay:
Market Trends
Home Value History (with trend line)
📊 How Does 97369 Compare?
| Metric | 97369 | Depoe Bay | Newport, OR | Oregon |
|---|---|---|---|---|
| Home Value | $291,567 | $423,015 | N/A | $493,884 |
| 5-Year CAGR | 2.7% | 3.1% | N/A | 4.9% |
| Avg Rent | $1,359 | $1,368 | N/A | - |
| Cap Rate | 3.6% | 2.8% | - | - |
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 97369 (Depoe Bay, OR). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 97369 (Depoe Bay, OR)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $291,567 |
| Monthly Rent | $1,359 |
| Price-to-Rent | 17.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | -2.2% ▼ |
| 5-Year CAGR | +2.7% ▲ |
| 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 (3.6%). 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 97369
Population: 327
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
How strong are rents in Depoe Bay, OR?
The typical rental in Depoe Bay, OR commands about $1,359/mo monthly. That rent profile stable cash flow against the $292K purchase basis.
Do landlords face vacancy issues in Depoe Bay, OR?
Expect elevated vacancy in Depoe Bay, OR. Rents at $1,359/mo are absorbed by the tenant base without meaningful lag.
How does Depoe Bay, OR rate as a rental market?
Depoe Bay, OR scores 3.0/5 for investability. Home values sit at $292K and rents near $1,359/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What investment strategy works best in Depoe Bay, OR?
Most investors in Depoe Bay, OR run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Are landlord laws favorable in Depoe Bay, OR?
Rental owners in Depoe Bay, OR deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 97369 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97369 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 97369 ranks in Newport, OR
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 97369 (Depoe Bay)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 97369 (Depoe Bay, OR).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.