692 N Elliott St · Coquille, OR 97423

$134,900

2 bd · 1.0 ba · 836 sqft · SingleFamily public records · 7 Days on market

Built 1919 Est $219k · 38% under

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +27.8/30.0
• ARV discount +15.0/15.0
• DSCR +9.8/10.0
• 1% rule +6.8/10.0
• Livability +3.6/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Opportunity awaits with this 2-bedroom, 1-bath craftsman situated on a spacious corner lot. Packed with potential, this property offers a great chance for investors, flippers, or buyers looking to create their dream home. The large lot provides ample outdoor space or room for future improvements. A detached storage building/garage adds valuable workspace and extra storage options. Conveniently located with easy access schools this property is ready for your vision and personal touch.

Key facts

• Ample outdoor space
• Corner lot
• Garage

Tags

• CORNER LOT
• DETACHED STORAGE BUILDING
• AMPLE OUTDOOR SPACE

Property features AI

Finance

• Other: Main level living area approximately 836; Lot size approximately 7,000 to 9,999 SqFt

Exterior

• Parking: Driveway; RV parking; Detached 1-car garage; Total parking for 1 vehicle
• Utilities: Electric hot water; Electric fuel; Public water; Public sewer
• Home design: Single-family residence; Residential property; Approximately conditioned/updated; Seasonal view
• Construction: Built in 1919; Composition roof; Pillar/post/pier foundation with skirting
• Exterior features: Yard; Wood siding; Paved road access; Corner, level lot

Interior

• Kitchen: Free-standing range; Free-standing refrigerator
• Bedrooms: Primary bedroom on main level; Second bedroom on main level
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: No central heating indicated; Window unit cooling
• Interior features: One-level accessibility; Wood window frames; Crawl space basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $411 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Cap rate 9.9% vs local median 3.1% in Coquille — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#123 in OR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime A; Watch: commute F, employment F.
• Coquille SD 8 (town): math 22% / reading 43% proficiency, ranked #37 of 58 in OR (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Coquille Valley Elementary (math 34% / reading 52%, grade F, #159 of 412 statewide, top 39%, 333 students, 66% FRL); Coquille Junior Senior High (math 22% / reading 42%, grade F, #105 of 143 statewide, top 73%, 366 students, 68% FRL) — zoned schools average 67% FRL vs 51% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 95 active listings in the ZIP; 122 units permitted in Coos County in 2024 (16 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Coos County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $38k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $48k; list at $135k implies a 184% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1919 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $134,900

Questions for the listing agent

1. Built in 1919 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.18% ✓
• Cap rate: 9.95%
• Cash-on-cash: 13.06%
• DSCR: 1.58
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $219,032
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
669 N Baxter St	0.19mi	2/1.0	869 (+4%)	4mo	$227,500	$262	82
751 N Baxter St	0.20mi	1/1.0 (-1)	864 (+3%)	1mo	$233,000	$270	79
973 N Elliott St	0.21mi	2/1.0	840 (+0%)	13mo	$220,000	$262	78
558 E 10th St	0.23mi	2/1.0	766 (-8%)	6mo	$95,000	$124	70
436 E 7th St	0.08mi	2/1.0	960 (+15%)	3mo	$243,000	$253	69
1162 E 1st Pl	0.47mi	2/2.0	864 (+3%)	3mo	$299,900	$347	66
942 E 13th St	0.48mi	2/1.0	896 (+7%)	4mo	$285,000	$318	62
1236 N Baxter St	0.42mi	2/1.0	770 (-8%)	8mo	$187,500	$244	61
1238 N Elliott St	0.38mi	2/1.0	896 (+7%)	14mo	$240,000	$268	58
1487 N Dean St	0.51mi	2/1.0	936 (+12%)	7mo	$224,000	$239	50
1380 N Gould St	0.47mi	2/1.0	936 (+12%)	12mo	$300,900	$321	48
698 S 1st Ave	0.51mi	2/1.0	936 (+12%)	10mo	$210,000	$224	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 3.0%
• Equity multiple: 1.11×
• Total profit: $4,293
• Equity at exit: $20,114

10-year hold

• IRR: 12.5%
• Equity multiple: 1.99×
• Total profit: $37,326
• Equity at exit: $11,664

Cash invested: $37,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 28 Tenant-Leaning
• State Oregon: 28 Tenant-Leaning · D+6
• County: — inherits STATE
• City: — inherits STATE

SB608 (2019): statewide rent cap (7% + CPI) and just-cause for tenancies > 1 yr. Portland has relocation assistance ordinance.

Methodology + full state rankings →

ZIP-level market 97423

• Active inventory: 95
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,586 medium
• Mortgage (P&I): −$707
• Tax from tax record: −$78 /mo · $938/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$333
• Net cashflow: $411

Break-even live

Break-even rent $1,066

Max offer price $134,900

Occupancy floor 69%

Sensitivity live

Price	-10% $487	-5% $449	+0% $411	+5% $373	+10% $335
Rent	-10% $286	-5% $348	+0% $411	+5% $474	+10% $536
Rate	-1.0pp $479	-0.5pp $445	base $411	+0.5pp $376	+1.0pp $341

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-06-12
   statusdays on market $134,900 Pending 7 DOM
2. 2026-06-09
   days on market $134,900 Active 6 DOM
3. 2026-06-08
   days on market $134,900 Active 5 DOM
4. 2026-06-07
   days on market $134,900 Active 4 DOM
5. 2026-06-07
   remarks 488-char remark
6. 2026-06-07
   listed $134,900 Active 3 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OR · Resets to sale price

• Current annual tax: $938 · $78/mo
• Projected year-2 tax: $1,309 · $109/mo
• Expected delta: +$371/yr (+$31/mo · 39.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 1/10 Low 8 d/yr ≥82°F today · 23 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 6/10 Major 8 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,032
• − Mortgage interest: −$7,556
• − Property taxes: −$938
• − Insurance: −$674
• − Repairs & maintenance: −$1,523
• − Management: −$1,523
• − Depreciation: −$3,924
• Taxable income: $2,893
• Est. tax owed @ 24.0%: −$694
• After-tax cash flow: $4,239/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Coquille SD 8
• NCES district ID: 4103390
• Math proficiency: 22% ▼ -13.00%
• Reading proficiency: 43% ▼ -10.00%
• Median HH income: $38,573
• Composite: 27.1/100
• National rank: #7042
• State rank: #37 of 58 in OR

Livability — Coquille

• Score: 71/100
• State rank: #123
• US rank: #7084

Category grades

Amenities C+ Commute F Cost of living A+ Crime A Employment F Housing A- Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Coquille, OR
• City population: 5,799
• Population (ZIP): 5,799

Population outlook (Coos County) Hauer SSP2

• Today (2025): 62,222 people
• By 2030: 61,120 · -1.8%
• By 2040: 58,478 · -6.0%
• By 2050: 56,819 · -8.7%
• By 2075: 54,915 · -11.7%
• By 2100: 51,403 · -17.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Two or more races 8% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 5% Italian 5% Lithuanian 4%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Coos

• 2024 margin: R (+19.9) · D 38.7% · R 58.5% · Other 2.8%
• 2008→2024 swing: -16.8pp toward R · 2008: -3.1pp · 2024: -19.9pp
• All cycles: 2024: R+19.9 2020: R+20.5 2016: R+24.3 2012: R+6.3 2008: R+3.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -110.34%
• Current HPI: 200.6106
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.05%
• F500 in state: 2

Industry mix (Fortune 500 HQ in OR)

Industry	F500 HQs	Revenue
▸Consumer Goods	1	$51B

Price history

+717.6% since first listed

6 events — show timeline

• 2026-06-03 Listed $134,900 RMLS
• 1997-04-23 Sold (Public Records) $47,500 Public Records
• 1995-07-25 Sold (Public Records) $42,000 Public Records
• 1992-07-22 Sold (Public Records) $38,000 Public Records
• 1992-02-24 Sold (Public Records) $18,500 Public Records
• 1990-04-01 Sold (Public Records) $16,500 Public Records

Property tax history

+2.3%/yr

Latest (2025): $938 · +1.7% YoY. Source: county tax records.