Real Estate Investing in Reedsport, Oregon (97467)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97467 (Reedsport, 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.
- Elevated vacancy: 8.9% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 28.4 — 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 Reedsport, OR (97467)?
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Market Analysis: 97467 Reedsport
This part of Douglas County is not an easy win. The 97467 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
From a cash-flow lens, the numbers look inviting — $325K purchase price, 0.0% nominal cap — the work to hit that pro forma in 97467 is substantial and deserves full respect.
In the broader OR picture, 97467 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 97467 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 97467 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Reedsport:
Property Strategy for 97467
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $248,057 | $1,060 | 3.1% | +6.8% | $124,028 |
| 3BR | $341,713 | $1,480 | 3.1% | +7.6% | $113,904 |
| 4BR | $396,918 | $1,780 | 3.2% | +7.4% | $99,230 |
Market Trends
Home Value History (with trend line)
📊 How Does 97467 Compare?
| Metric | 97467 | Reedsport | Roseburg, OR | Oregon |
|---|---|---|---|---|
| Home Value | $325,012 | $325,012 | N/A | $493,884 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 4.9% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97467 (Reedsport, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $325,012 |
| Monthly Rent | $954 |
| Price-to-Rent | 28.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 97467
Population: 5,300
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 97467
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
Is Reedsport in OR worth investing in?
Yes - Reedsport, OR a 3.0/5 investability score. With $325K home prices against $954/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are rents high in Reedsport, OR?
Expect rents around $954/mo per month in Reedsport, OR. With home values at $325K, the yield math works out to reasonable levels for rental investors.
What is the best play in Reedsport, OR?
Most investors in Reedsport, 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.
What kind of vacancy should I budget for in Reedsport, OR?
Vacancy in Reedsport, OR is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $954/mo.
How deep is the rental pool in Reedsport, OR?
Tenant demand in Reedsport, OR is solid. The local workforce $954/mo rents across most rental classes.
You know 97467 now. You don’t know where it ranks.
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