Real Estate Investing in Yachats, Oregon (97498)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97498 (Yachats, 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.
- High vacancy: 43.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 29.2 — 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 Yachats, OR (97498)?
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Market Analysis: 97498 Yachats
ZIP 97498 in Yachats, OR carries a resilient set of headwinds. Home values near $549K and rents of $1,566/mo sit inside a market where underwriting has to be tight.
Rent of $1,566/mo on a $549K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 97498 sits below the stated 0.0% once reality is priced in.
Regionally, 97498 sits on the difficult end of the OR spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 97498 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 97498 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 Yachats:
Property Strategy for 97498
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $353,220 | $1,320 | 2.7% | +8.0% | $353,220 |
| 2BR | $503,029 | $1,740 | 2.5% | +7.6% | $251,515 |
| 3BR | $657,049 | $2,400 | 2.6% | +8.1% | $219,016 |
Market Trends
Home Value History (with trend line)
📊 How Does 97498 Compare?
| Metric | 97498 | Yachats | Newport, OR | Oregon |
|---|---|---|---|---|
| Home Value | $548,943 | $548,943 | N/A | $493,884 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 4.9% |
| Avg Rent | $1,566 | $1,566 | 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 97498 (Yachats, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $548,943 |
| Monthly Rent | $1,566 |
| Price-to-Rent | 29.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 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 (2.2%). 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 97498
Population: 2,141
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
Frequently Asked Questions
What approach is best for Yachats, OR real estate?
Yachats, OR investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($549K prices, $1,566/mo rents) make it a reasonable choice.
What do rentals go for in Yachats, OR?
Rents in Yachats, OR run near $1,566/mo. Compared with median home prices of $549K that produces solid gross yields for typical rentals.
How landlord-friendly is Yachats, OR?
OR law landlord-friendly for landlords, and Yachats inherits those rules. Investors should still review local ordinances for rental licensing.
Can I house hack in Yachats, OR?
House hacking in Yachats, OR is a challenging. With home values around $549K and rents at $1,566/mo, owner-occupants can offset a meaningful share of PITI.
Are there empty rentals in Yachats, OR?
Vacancy risk in Yachats, OR is elevated. That supports consistent cash flow for typical rental holds.
You know 97498 now. You don’t know where it ranks.
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How 97498 ranks in Newport, OR
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