Real Estate Investing in Corbett, Oregon (97019)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97019 (Corbett, OR)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 9.4% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 28.0 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Corbett, OR (97019)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97019 Corbett
ZIP 97019 inside Multnomah County looks affordable on the surface — median value of $657K — but the discount exists for reasons that a careful buyer should understand before committing.
The 97019 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 97019 and stronger Corbett ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 97019 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 97019 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Corbett:
Property Strategy for 97019
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $533,901 | $2,170 | 2.9% | +4.9% | $266,950 |
| 3BR | $627,786 | $2,960 | 3.4% | +5.4% | $209,262 |
| 4BR | $739,581 | $3,510 | 3.4% | +5.0% | $184,895 |
Market Trends
Home Value History (with trend line)
📊 How Does 97019 Compare?
| Metric | 97019 | Corbett | Oregon |
|---|---|---|---|
| Home Value | $656,721 | $656,721 | $493,884 |
| 5-Year CAGR | 1.8% | 1.8% | 4.9% |
| Avg Rent | $1,953 | $1,953 | - |
| Cap Rate | 2.3% | 2.3% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97019 (Corbett, OR). Anonymous, moderated, never written by AI.
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Property managers serving Multnomah County
Manage rentals here? List your business →AMS Association Management Services NW provides HOA Management Services. summary from their website
Gateway Property Management offers residential property management services in Portland, OR. summary from their website
Grid Property Management is a Portland-based firm providing full-service management and leasing for residential and industrial properties. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $656,721 |
| Monthly Rent | $1,953 |
| Price-to-Rent | 28.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 4.2% |
📈 Home Appreciation
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +1.8% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 97019
Population: 3,332
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 97019
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,401 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Corbett, OR?
With a 2.0/5 investability score, Corbett, OR ranks as a solid market for rental property investors. Median prices of $657K and rents of $1,953/mo drive the underlying numbers.
How much do tenants pay in Corbett, OR?
Expect rents around $1,953/mo per month in Corbett, OR. With home values at $657K, the yield math works out to reasonable levels for rental investors.
Should investors worry about vacancy in Corbett, OR?
Corbett, OR sees elevated vacancy, which is reasonable relative to the broader OR rental market.
Is Corbett, OR good for landlords?
For rental operators, Corbett, OR rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What is the typical home price in Corbett, OR?
In Corbett, OR the median home value sits at $657K. Against the broader OR market, that reads as reasonable for most investors.
You know 97019 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97019 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 97019 ranks in Portland-Vancouver-Hillsboro, OR-WA
Every ZIP in this metro, ranked. Free.
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