Real Estate Investing in Shedd, Oregon (97377)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97377 (Shedd, 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 vacancy: 22.0% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 34.7 — 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 Shedd, OR (97377)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97377 Shedd
Investors eyeing 97377 need to respect the fundamentals at play. Home values of $608K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 97377 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Shedd have seen price recovery that 97377 has not matched. Linn County data supports the view that the spread is structural rather than temporary.
The 97377 ZIP's population of 677 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
The 97377 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Shedd:
Market Trends
Home Value History (with trend line)
📊 How Does 97377 Compare?
| Metric | 97377 | Shedd | Albany-Lebanon, OR | Oregon |
|---|---|---|---|---|
| Home Value | $607,774 | $607,774 | N/A | $493,884 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 4.9% |
| Avg Rent | $1,458 | $1,458 | N/A | - |
| Cap Rate | 1.9% | 1.9% | - | - |
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 97377 (Shedd, OR). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 97377 (Shedd, OR)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $607,774 |
| Monthly Rent | $1,458 |
| Price-to-Rent | 34.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (1.9%). 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 97377
Population: 677
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
Investor Insight: With 3,101 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much should I expect to pay for a home in Shedd, OR?
Expect median prices around $608K in Shedd, OR. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
How much do tenants pay in Shedd, OR?
Expect rents around $1,458/mo per month in Shedd, OR. With home values at $608K, the yield math works out to reasonable levels for rental investors.
Is it easy to find good tenants in Shedd, OR?
Tenant demand in Shedd, OR is solid. The local workforce $1,458/mo rents across most rental classes.
How do landlord-tenant laws work in Shedd, OR?
OR ranks as a landlord-friendly state for landlord-tenant law. Shedd generally follows the statewide framework, so landlords face reasonable operating rules.
How strong is Shedd, OR for real estate investors?
Shedd, OR rates 3.0/5 for investability. With median values at $608K and rents near $1,458/mo, the market offers reasonable fundamentals for rental investors.
You know 97377 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97377 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 97377 ranks in Albany-Lebanon, OR
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 97377 (Shedd)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 97377 (Shedd, OR).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.