Real Estate Investing in Dufur, Oregon (97021)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97021 (Dufur, OR)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.4% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Dufur, OR (97021)?
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Market Analysis: 97021 Dufur
ZIP 97021 in Dufur, OR carries a healthy set of headwinds. Home values near $422K and rents of $1,773/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 97021 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within OR, ZIP 97021 trails on several market indicators that neighboring Wasco County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
The demographic picture in 97021 includes headwinds that any investor should price in. Income distribution skews lower than Dufur averages, and tenant stability requires active management.
The right play in 97021 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Dufur:
Market Trends
Home Value History (with trend line)
📊 How Does 97021 Compare?
| Metric | 97021 | Dufur | The Dalles, OR | Oregon |
|---|---|---|---|---|
| Home Value | $421,935 | $421,935 | N/A | $493,884 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 4.9% |
| Avg Rent | $1,773 | $1,773 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97021 (Dufur, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $421,935 |
| Monthly Rent | $1,773 |
| Price-to-Rent | 19.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (3.3%). 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 97021
Population: 1,457
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 97021
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
Frequently Asked Questions
What is the smart move for investors in Dufur, OR?
A careful cash-flow rentals with hands-on management strategy Dufur, OR best. The market produces measured results for that approach at the $422K price point.
What is the typical renter like in Dufur, OR?
Tenant demand in Dufur, OR is solid. The local workforce $1,773/mo rents across most rental classes.
What is the investability score for Dufur, OR?
The 3.0/5 investability rating in Dufur, OR reflects its $422K prices and $1,773/mo rents. Investors generally consider it a solid option within OR.
Does house hacking work in Dufur, OR?
The a challenging house-hack environment in Dufur, OR reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How high is vacancy risk in Dufur, OR?
Dufur, OR sees elevated vacancy, which is reasonable relative to the broader OR rental market.
You know 97021 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97021 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 97021 ranks in The Dalles, OR
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