Best ZIP Codes for Cash Flow in Portland-Vancouver-Hillsboro, OR-WA (2026)
Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 97209 | Portland, OR | $349,410 | $1,764 | 3.94% | -4.3% |
| 2 | 97113 | Cornelius, OR | $487,097 | $2,357 | 3.77% | 1.6% |
| 3 | 97133 | North Plains, OR | $567,269 | $2,745 | 3.77% | 1.0% |
| 4 | 97123 | Hillsboro, OR | $522,539 | $2,404 | 3.59% | 1.5% |
| 5 | 97396 | Willamina, OR | $365,327 | $1,620 | 3.46% | 3.7% |
| 6 | 97089 | Damascus, OR | $680,562 | $2,999 | 3.44% | 2.4% |
| 7 | 97266 | Portland, OR | $402,819 | $1,772 | 3.43% | 0.5% |
| 8 | 97003 | Beaverton, OR | $482,166 | $2,040 | 3.30% | 1.8% |
| 9 | 98685 | Vancouver, WA | $592,923 | $2,491 | 3.28% | 3.4% |
| 10 | 97055 | Sandy, OR | $522,056 | $2,184 | 3.26% | 2.2% |
| 11 | 97206 | Portland, OR | $469,315 | $1,960 | 3.26% | 0.1% |
| 12 | 97049 | Rhododendron, OR | $424,929 | $1,773 | 3.25% | 3.5% |
| 13 | 97064 | Vernonia, OR | $392,484 | $1,620 | 3.22% | 2.2% |
| 14 | 98660 | Vancouver, WA | $474,826 | $1,951 | 3.20% | 3.0% |
| 15 | 97140 | Sherwood, OR | $629,530 | $2,555 | 3.17% | 2.3% |
| 16 | 97378 | Sheridan, OR | $400,978 | $1,620 | 3.15% | 2.8% |
| 17 | 97132 | Newberg, OR | $538,222 | $2,159 | 3.13% | 2.1% |
| 18 | 98684 | Vancouver, WA | $489,947 | $1,958 | 3.12% | 2.6% |
| 19 | 97051 | Saint Helens, OR | $429,852 | $1,698 | 3.08% | 2.3% |
| 20 | 97016 | Clatskanie, OR | $411,395 | $1,620 | 3.07% | 3.3% |
| 21 | 97038 | Molalla, OR | $499,038 | $1,945 | 3.04% | 2.5% |
| 22 | 97203 | Portland, OR | $454,530 | $1,766 | 3.03% | 0.1% |
| 23 | 98604 | Battle Ground, WA | $607,545 | $2,360 | 3.03% | 3.1% |
| 24 | 97005 | Beaverton, OR | $489,675 | $1,869 | 2.98% | 1.9% |
| 25 | 97006 | Beaverton, OR | $494,308 | $1,880 | 2.97% | 1.5% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Appreciation in Portland-Vancouver-Hillsboro, OR-WA · Affordable in Portland-Vancouver-Hillsboro, OR-WA
Or see the full Portland-Vancouver-Hillsboro, OR-WA metro profile.