Is Wheeler County, OR good for real estate investing?

Wheeler County has an investment score of 47/100, rated as "Hold". The county ranks #850 nationally among 1000 counties analyzed.

What is the median home price in Wheeler?

The median home price in Wheeler County is $305,217. This ranks #590 in affordability among all US counties.

Can you cash flow on rental properties in Wheeler?

Based on median values with 20% down at current rates, a typical rental in Wheeler County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Wheeler County

OregonPopulation: 1,407

/100

Hold

#850 of 1,000 counties

#17 in Oregon (36 counties)

Market Snapshot

$305,217

Median Home Price

12% above national median

$18,266/mo

Est. Rent

Based on regional data

5.98%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

47/100

Cash Flow(30%)

0/100

Based on 0.00% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

49/100

Based on -0.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

40/100

Price-to-income ratio of 6.0x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

No significant strengths identified based on current data.

Challenges

-Declining home values (-0.2% YoY)
-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

1,407

Median Income

$50,774

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

6.0x

Less affordable

Compare to Nearby Counties

County					Verdict
DouglasOR	48	$338,442	$1,340	4.75%	Hold	View
LinnOR	48	$403,075	$1,647	4.90%	Hold	View
CurrentWheelerOR	47	$305,217	Est. pending	—	Hold
WallowaOR	47	$433,289	Est. pending	—	Hold	View
JacksonOR	46	$425,440	$1,713	4.83%	Hold	View
CoosOR	46	$343,704	$1,551	5.41%	Hold	View

The Bottom Line

HoldWheeler is a neutral market.

Wheeler County in Oregon scores 47/100, ranking #850 of 1,000 US counties (top 85%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%

Ready to Analyze a Deal in Wheeler?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

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Score Breakdown

Overall Investment Score

47/100

Cash Flow(30%)

0/100

Based on 0.00% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

49/100

Based on -0.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

40/100

Price-to-income ratio of 6.0x. Lower ratios indicate more affordable markets.

County

Verdict

DouglasOR

$338,442

$1,340

4.75%

Hold

View

LinnOR

$403,075

$1,647

4.90%

Hold

View

CurrentWheelerOR

$305,217

Est. pending

—

Hold

WallowaOR

$433,289

Est. pending

—

Hold

View

JacksonOR

$425,440

$1,713

4.83%

Hold

View

CoosOR

$343,704

$1,551

5.41%

Hold

View