728 N Elliott St · Coquille, OR 97423

$134,900

2 bd · 1.0 ba · 1,048 sqft · SingleFamily public records · 193 Days on market

Built 1908 $129/sqft · 14% below area

---

Why this score? — see what drove the C 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 +25.6/30.0
• DSCR +8.5/10.0
• ARV discount +7.5/15.0
• 1% rule +7.1/10.0
• 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 MLS

Coquille home with tons of potential! Nice sized fenced yards, large, detached shop in back. 3 Bedrooms and 1 bathroom provide 1,048 sqft on the main level. Partially finished basement adds opportunity for additional living space and access to back yard and shop. There is no vehicular access to the shop. This property qualifies for the Freddie Mac First Look Initiative through 12/21/2025. All parties entering the home must sign Hold Harmless agreement before accessing property.

Key facts

• Fenced yards
• Detached shop
• Access to back yard

Tags

• FENCED YARDS
• DETACHED SHOP
• PARTIALLY FINISHED BASEMENT
• ACCESS TO BACK YARD

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 $317 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 3.2% 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: schools C-, 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.
• 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.

Negotiation context

• It's been on market 193 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1908 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $118,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 193 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1908 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. 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: 1.21% ✓
• Cap rate: 9.11%
• Cash-on-cash: 10.07%
• DSCR: 1.45
• GRM: 6.9

CMA / ARV

• ARV (median comp): $272,173
• List price: $134,900
• Delta: -50.44%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
946 E 9th Pl	0.24mi	2/1.0	1,044 (-0%)	8mo	$300,000	$287	82
436 E 7th St	0.04mi	2/1.0	960 (-8%)	3mo	$243,000	$253	82
965 N Collier St	0.20mi	2/1.0	1,093 (+4%)	5mo	$220,000	$201	80
1175 N Dean St	0.31mi	2/1.0	1,000 (-5%)	4mo	$283,500	$284	74
1294 N Henry St	0.42mi	3/1.0 (+1)	1,072 (+2%)	8mo	$260,000	$243	65
885 E 10th St	0.28mi	2/1.0	1,184 (+13%)	5mo	$215,000	$182	61
1096 N Elliott St	0.23mi	3/2.0 (+1)	1,146 (+9%)	7mo	$322,000	$281	59
883 E 11th St	0.32mi	3/2.0 (+1)	1,124 (+7%)	8mo	$250,000	$222	58
1675 N Henry St	0.63mi	3/1.0 (+1)	1,064 (+2%)	8mo	$303,000	$285	57
1487 N Dean St	0.47mi	2/1.0	936 (-11%)	7mo	$224,000	$239	54
942 E 13th St	0.47mi	2/1.0	896 (-14%)	4mo	$285,000	$318	50
698 S 1st Ave	0.55mi	2/1.0	936 (-11%)	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: -1.1%
• Equity multiple: 0.96×
• Total profit: $-1,611
• Equity at exit: $20,114

10-year hold

• IRR: 8.6%
• Equity multiple: 1.66×
• Total profit: $24,815
• 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: 6.9×

Monthly cashflow live

• Estimated rent: $1,638 medium
• Mortgage (P&I): −$707
• Tax from tax record: −$213 /mo · $2,559/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$344
• Net cashflow: $317

Break-even live

Break-even rent $1,237

Max offer price $134,900

Occupancy floor 76%

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 14 events

1. 2026-06-03
   status $134,900 Pending 193 DOM
2. 2026-06-02
   days on market $134,900 Active 193 DOM
3. 2026-06-01
   days on market $134,900 Active 192 DOM
4. 2026-05-31
   days on market $134,900 Active 191 DOM
5. 2026-05-30
   days on market $134,900 Active 190 DOM
6. 2026-04-09
   price $164,900 482-char remark

   Show marketing remark (482 chars)

   Coquille home with tons of potential! Nice sized fenced yards, large, detached shop in back. 3 Bedrooms and 1 bathroom provide 1,048 sqft on the main level. Partially finished basement adds opportunity for additional living space and access to back yard and shop. There is no vehicular access to the shop. This property qualifies for the Freddie Mac First Look Initiative through 12/21/2025. All parties entering the home must sign Hold Harmless agreement before accessing property.

7. 2026-02-11
   price $179,900 482-char remark

   Show marketing remark (482 chars)

   Coquille home with tons of potential! Nice sized fenced yards, large, detached shop in back. 3 Bedrooms and 1 bathroom provide 1,048 sqft on the main level. Partially finished basement adds opportunity for additional living space and access to back yard and shop. There is no vehicular access to the shop. This property qualifies for the Freddie Mac First Look Initiative through 12/21/2025. All parties entering the home must sign Hold Harmless agreement before accessing property.

8. 2026-01-05
   price $199,900 482-char remark

   Show marketing remark (482 chars)

   Coquille home with tons of potential! Nice sized fenced yards, large, detached shop in back. 3 Bedrooms and 1 bathroom provide 1,048 sqft on the main level. Partially finished basement adds opportunity for additional living space and access to back yard and shop. There is no vehicular access to the shop. This property qualifies for the Freddie Mac First Look Initiative through 12/21/2025. All parties entering the home must sign Hold Harmless agreement before accessing property.

9. 2025-11-19
   listed $225,000 Active 482-char remark

   Show marketing remark (482 chars)

   Coquille home with tons of potential! Nice sized fenced yards, large, detached shop in back. 3 Bedrooms and 1 bathroom provide 1,048 sqft on the main level. Partially finished basement adds opportunity for additional living space and access to back yard and shop. There is no vehicular access to the shop. This property qualifies for the Freddie Mac First Look Initiative through 12/21/2025. All parties entering the home must sign Hold Harmless agreement before accessing property.

10. 2017-11-20
    soldstatus $220,000
11. 2001-10-22
    soldstatus $70,000
12. 1992-11-09
    soldstatus $39,500
13. 1991-08-01
    soldstatus $27,395
14. 1990-11-01
    soldstatus $18,000

ⓘ 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: $2,559 · $213/mo
• Projected year-2 tax: $2,559 · $213/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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: $19,656
• − Mortgage interest: −$7,556
• − Property taxes: −$2,559
• − Insurance: −$674
• − Repairs & maintenance: −$1,572
• − Management: −$1,572
• − Depreciation: −$3,924
• Taxable income: $1,796
• Est. tax owed @ 24.0%: −$431
• After-tax cash flow: $3,374/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

+816.1% since first listed

9 events — show timeline

• 2026-04-09 Price Changed $164,900 RMLS
• 2026-02-11 Price Changed $179,900 RMLS
• 2026-01-05 Price Changed $199,900 RMLS
• 2025-11-19 Listed $225,000 RMLS
• 2017-11-20 Sold (Public Records) $220,000 Public Records
• 2001-10-22 Sold (Public Records) $70,000 Public Records
• 1992-11-09 Sold (Public Records) $39,500 Public Records
• 1991-08-01 Sold (Public Records) $27,395 Public Records
• 1990-11-01 Sold (Public Records) $18,000 Public Records

Property tax history

+2.3%/yr

Latest (2025): $2,559 · +1.7% YoY. Source: county tax records.