Real Estate Investing in Bay City, Oregon (97107)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97107 (Bay City, 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.
- Elevated vacancy: 8.1% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bay City, OR (97107)?
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Market Analysis: 97107 Bay City
The 97107 ZIP covers a section of Bay City that demands careful diligence. Prices near $406K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $406K asset, 97107 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 97107 sits on the difficult end of the OR spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 97107 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 97107 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Bay City:
Property Strategy for 97107
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $323,127 | $1,520 | 3.4% | +7.7% | $161,564 |
| 3BR | $419,933 | $2,110 | 3.6% | +6.8% | $139,978 |
Market Trends
Home Value History (with trend line)
📊 How Does 97107 Compare?
| Metric | 97107 | Bay City | Oregon |
|---|---|---|---|
| Home Value | $406,063 | $406,063 | $493,884 |
| 5-Year CAGR | 4.0% | 4.0% | 4.9% |
| Avg Rent | $1,368 | $1,368 | - |
| Cap Rate | 2.6% | 2.6% | - |
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 97107 (Bay City, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $406,063 |
| Monthly Rent | $1,368 |
| Price-to-Rent | 24.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (2.6%). 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 97107
Population: 2,158
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 97107
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Garibaldi Elementary School
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 are rental rates like in Bay City, OR?
Investors in Bay City, OR typically see rents near $1,368/mo per month against $406K home values - a solid setup for rental cash flow.
How tight is the rental market in Bay City, OR?
Rental vacancy in Bay City, OR is elevated. Investors should budget normal turnover but not chronic empty units.
What kind of market is Bay City, OR for investors?
Yes - Bay City, OR a 3.0/5 investability score. With $406K home prices against $1,368/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are eviction rules reasonable in Bay City, OR?
OR ranks as a landlord-friendly state for landlord-tenant law. Bay City generally follows the statewide framework, so landlords face reasonable operating rules.
How do experienced investors play Bay City, OR?
A careful cash-flow rentals with hands-on management strategy Bay City, OR best. The market produces steady results for that approach at the $406K price point.
You know 97107 now. You don’t know where it ranks.
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