Real Estate Investing in Winston, Oregon (97496)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97496 (Winston, 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 Winston, OR (97496)?
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Market Analysis: 97496 Winston
The 97496 ZIP in Winston, OR is a local-operator market. Outside capital chasing a $322K entry has to pair deep knowledge with the discount.
For an experienced owner, 97496 can be a a credible choice for hunting ground — but the discount at $322K reflects genuine risk that outside investors often underestimate.
Meanwhile, 97496 offers a low basis, the region around Winston has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
On balance, 7,557 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.
Experienced landlords with local relationships tend to find 97496 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 Winston:
Property Strategy for 97496
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $236,969 | $1,270 | 3.9% | +7.4% | $118,485 |
| 3BR | $334,512 | $1,770 | 3.8% | +7.4% | $111,504 |
| 4BR | $361,877 | $2,130 | 4.2% | +7.4% | $90,469 |
Market Trends
Home Value History (with trend line)
📊 How Does 97496 Compare?
| Metric | 97496 | Winston | Roseburg, OR | Oregon |
|---|---|---|---|---|
| Home Value | $321,784 | $273,356 | N/A | $493,884 |
| 5-Year CAGR | 4.2% | 5.0% | N/A | 4.9% |
| Avg Rent | $1,143 | $1,143 | N/A | - |
| Cap Rate | 2.8% | 3.4% | - | - |
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 97496 (Winston, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $321,784 |
| Monthly Rent | $1,143 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +2.1% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (2.8%). 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 97496
Population: 7,557
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 97496
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
How strong are rents in Winston, OR?
Expect rents around $1,143/mo per month in Winston, OR. With home values at $322K, the yield math works out to reasonable levels for rental investors.
What is the tenant pool like in Winston, OR?
Winston, OR draws a stable base of working renters. Demand at the $1,143/mo rent level is reasonable for standard single-family and small multi rentals.
How expensive is real estate in Winston, OR?
In Winston, OR the median home value sits at $322K. Against the broader OR market, that reads as reasonable for most investors.
Is Winston, OR a smart market for rental property?
Yes - Winston, OR a 3.0/5 investability score. With $322K home prices against $1,143/mo monthly rent, the market delivers a reasonable entry point for new investors.
What approach is best for Winston, OR real estate?
Winston, OR investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($322K prices, $1,143/mo rents) make it a reasonable choice.
You know 97496 now. You don’t know where it ranks.
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How 97496 ranks in Roseburg, OR
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