Is Elgin, OR a good place to invest in rental property?

Elgin, OR has a median modeled monthly cash flow of $-1,085 and a median cap rate of 2.6%, on a median sold price of $240,000. Prices changed -18.2% year over year.

What is the average cap rate in Elgin, OR?

The median cap rate across recently sold homes in Elgin, OR is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elgin, OR?

The median sold price in Elgin, OR is $240,000 (about $175 per square foot).

Investing in Elgin, OR Real Estate

A data-driven snapshot of the Elgin, OR rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$240,000Median sold price

$175Median $/sqft

2.6%Median cap rate

$-1,085Modeled cash flow / mo

-18.2%Appreciation YoY

13.0Months of supply

40Active listings

37Sold (last 12 mo)

What the Elgin numbers say

In Elgin, OR, the median home sold for $240,000 (about $175 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,085 of monthly cash flow. Sold prices moved -18.2% over the past year. Inventory sits at about 13.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Oregon markets to compare

See Elgin cash-flowing listings

CashFlowRE ranks every for-sale home in Elgin, OR by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Elgin deals, or browse the national market data.