Real Estate Investing in Mosier, Oregon (97040)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97040 (Mosier, OR)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 24.5% of homes vacant — above national norms.
- Declining values: -0.7% 5-year CAGR — values have moved lower.
- High price-to-rent: Price-to-rent ratio 25.8 — 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 Mosier, OR (97040)?
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Market Analysis: 97040 Mosier
The 97040 ZIP covers a section of Mosier that demands careful diligence. Prices near $590K look accessible, but the work to make a deal cash flow is real.
Rent of $1,908/mo on a $590K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 97040 sits below the stated 0.0% once reality is priced in.
In the broader OR picture, 97040 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 97040 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Mosier's stable or hybrid ZIPs before stepping into 97040. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Mosier:
Market Trends
Home Value History (with trend line)
📊 How Does 97040 Compare?
| Metric | 97040 | Mosier | The Dalles, OR | Oregon |
|---|---|---|---|---|
| Home Value | $589,717 | $589,717 | N/A | $493,884 |
| 5-Year CAGR | N/A | N/A | N/A | 4.9% |
| Avg Rent | $1,908 | $1,908 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97040 (Mosier, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $589,717 |
| Monthly Rent | $1,908 |
| Price-to-Rent | 25.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 1.9% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | -2.0% ▼ |
| 5-Year CAGR | -0.7% ▼ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (2.5%). 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 97040
Population: 1,877
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 97040
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
How do experienced investors play Mosier, OR?
For Mosier, OR, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How strict are landlord regulations in Mosier, OR?
For rental operators, Mosier, OR rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is real estate in Mosier, OR a good investment right now?
Investors tracking Mosier, OR will find a 2.0/5 rating supported by $590K median home values and $1,908/mo rents. That profile suits long-term holders targeting measured returns.
What is the typical vacancy rate in Mosier, OR?
Expect elevated vacancy in Mosier, OR. Rents at $1,908/mo are absorbed by the tenant base without meaningful lag.
Is house hacking profitable in Mosier, OR?
For house hackers, Mosier, OR is a challenging. The $1,908/mo rent on a unit helps defray the mortgage on a $590K property.
You know 97040 now. You don’t know where it ranks.
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How 97040 ranks in The Dalles, OR
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