Real Estate Investing in Elkton, Oregon (97436)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97436 (Elkton, 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: 27.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 30.1 — 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 Elkton, OR (97436)?
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Market Analysis: 97436 Elkton
ZIP 97436 inside Douglas County looks affordable on the surface — median value of $406K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 97436 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Meanwhile, 97436 offers a low basis, the region around Elkton has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A durable renter share of 25% in 97436 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 97436 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 Elkton:
Market Trends
Home Value History (with trend line)
📊 How Does 97436 Compare?
| Metric | 97436 | Elkton | Roseburg, OR | Oregon |
|---|---|---|---|---|
| Home Value | $405,800 | $405,800 | N/A | $493,884 |
| 5-Year CAGR | 3.7% | 3.7% | N/A | 4.9% |
| Avg Rent | $1,125 | $1,125 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97436 (Elkton, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $405,800 |
| Monthly Rent | $1,125 |
| Price-to-Rent | 30.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 5.8% |
📈 Home Appreciation
| 1-Year | +2.2% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (2.2%). 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 97436
Population: 698
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 97436
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.
Frequently Asked Questions
What is the rental occupancy rate in Elkton, OR?
Rental vacancy in Elkton, OR is elevated. Investors should budget normal turnover but not chronic empty units.
What is the tenant pool like in Elkton, OR?
Elkton, OR draws a measured base of working renters. Demand at the $1,125/mo rent level is reasonable for standard single-family and small multi rentals.
Where do rents currently stand in Elkton, OR?
Rent in Elkton, OR is around $1,125/mo. The resulting rent-to-value relationship with $406K pricing is reasonable for most investor models.
Is Elkton, OR good for house hacking?
Elkton, OR is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $406K price point reasonable to enter.
What is the smart move for investors in Elkton, OR?
A careful cash-flow rentals with hands-on management strategy Elkton, OR best. The market produces measured results for that approach at the $406K price point.
You know 97436 now. You don’t know where it ranks.
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