Real Estate Investing in Winchester, Oregon (97495)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97495 (Winchester, 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.
- High price-to-rent: Price-to-rent ratio 38.5 — 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 Winchester, OR (97495)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97495 Winchester
ZIP 97495 in Winchester, OR carries a significant set of headwinds. Home values near $515K and rents of $1,116/mo sit inside a market where underwriting has to be tight.
Stepping back, the numbers look inviting — $515K purchase price, 0.0% nominal cap — the work to hit that pro forma in 97495 is substantial and deserves full respect.
Nearby ZIPs in Winchester have seen price recovery that 97495 has not matched. Douglas County data supports the view that the spread is structural rather than temporary.
The demographic picture in 97495 includes headwinds that any investor should price in. Income distribution skews lower than Winchester averages, and tenant stability requires active management.
The right play in 97495 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 Winchester:
Property Strategy for 97495
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $498,052 | $1,720 | 2.5% | +6.8% | $166,017 |
| 4BR | $572,179 | $2,080 | 2.6% | +6.5% | $143,045 |
Market Trends
Home Value History (with trend line)
📊 How Does 97495 Compare?
| Metric | 97495 | Winchester | Roseburg, OR | Oregon |
|---|---|---|---|---|
| Home Value | $514,961 | $514,961 | N/A | $493,884 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 4.9% |
| Avg Rent | $1,116 | $1,116 | N/A | - |
| Cap Rate | 1.7% | 1.7% | - | - |
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 97495 (Winchester, OR). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 97495 (Winchester, OR)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $514,961 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 38.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (1.7%). 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 97495
Population: 1,569
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 97495
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
Investor Insight: With 833 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Can owner-occupants cash flow in Winchester, OR?
The house hack math a challenging in Winchester, OR. Owner-occupant buyers benefit from the $1,116/mo rents and $515K home values.
Are landlord laws favorable in Winchester, OR?
Winchester, OR falls under OR landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is the tenant base reliable in Winchester, OR?
Tenant quality in Winchester, OR ranks as solid. Landlords generally report measured occupancy at market rents of $1,116/mo.
How much do tenants pay in Winchester, OR?
The typical rental in Winchester, OR commands about $1,116/mo monthly. That rent profile predictable cash flow against the $515K purchase basis.
Should investors worry about vacancy in Winchester, OR?
Vacancy risk in Winchester, OR is elevated. That supports predictable cash flow for typical rental holds.
You know 97495 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97495 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 97495 ranks in Roseburg, OR
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 97495 (Winchester)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 97495 (Winchester, OR).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.