Real Estate Investing in Coquille, Oregon (97423)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97423 (Coquille, OR)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Coquille, OR (97423)?
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Market Analysis: 97423 Coquille
ZIP 97423 in Coquille, OR carries a impressive set of headwinds. Home values near $327K and rents of $1,377/mo sit inside a market where underwriting has to be tight.
The investment case in 97423 is impressive only for operators who understand what they are buying. A $327K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within OR, ZIP 97423 trails on several market indicators that neighboring Coos County submarkets outperform. The gap is real and notable enough to shape underwriting.
Employment concentration in 97423 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 97423 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Coquille:
Property Strategy for 97423
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $249,409 | $1,530 | 4.4% | +5.8% | $124,704 |
| 3BR | $339,758 | $2,130 | 4.5% | +6.0% | $113,253 |
| 4BR | $376,800 | $2,570 | 4.9% | +5.3% | $94,200 |
Market Trends
Home Value History (with trend line)
📊 How Does 97423 Compare?
| Metric | 97423 | Coquille | Coos Bay, OR | Oregon |
|---|---|---|---|---|
| Home Value | $326,623 | $326,623 | N/A | $493,884 |
| 5-Year CAGR | 2.6% | 2.6% | N/A | 4.9% |
| Avg Rent | $1,377 | $1,377 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 97423 (Coquille, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $326,623 |
| Monthly Rent | $1,377 |
| Price-to-Rent | 19.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 5.9% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (3.3%). 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 97423
Population: 5,799
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 97423
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
Is real estate in Coquille, OR a good investment right now?
Investors tracking Coquille, OR will find a 3.0/5 rating supported by $327K median home values and $1,377/mo rents. That profile suits long-term holders targeting steady returns.
How much does a house cost in Coquille, OR?
The median home value in Coquille, OR is roughly $327K. That puts it reasonable relative to the OR statewide average.
How should investors approach Coquille, OR?
Investors usually favor careful cash-flow rentals with hands-on management in Coquille, OR. With home values at $327K and rents near $1,377/mo, other strategies can work but produce even-keeled rather than outsized returns.
Are eviction rules reasonable in Coquille, OR?
Coquille, OR operates under OR law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
How tight is the rental market in Coquille, OR?
Coquille, OR sees elevated vacancy, which is reasonable relative to the broader OR rental market.
You know 97423 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97423 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 97423 ranks in Coos Bay, OR
Every ZIP in this metro, ranked. Free.
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