Real Estate Investing in Cannon Beach, Oregon (97110)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97110 (Cannon Beach, OR)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 64.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 60.0 — 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 Cannon Beach, OR (97110)?
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Market Analysis: 97110 Cannon Beach
Investors eyeing 97110 need to respect the fundamentals at play. Home values of $927K come alongside slower price movement and elevated management overhead.
The investment case in 97110 is significant only for operators who understand what they are buying. A $927K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 97110 among OR's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 97110 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 Cannon Beach's stable or hybrid ZIPs before stepping into 97110. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Cannon Beach:
Property Strategy for 97110
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $569,222 | $1,090 | 1.4% | +8.1% | $569,222 |
| 2BR | $701,528 | $1,430 | 1.5% | +8.6% | $350,764 |
| 3BR | $990,903 | $1,960 | 1.4% | +10.1% | $330,301 |
| 4BR | $1,234,797 | $2,400 | 1.4% | +10.3% | $308,699 |
Market Trends
Home Value History (with trend line)
📊 How Does 97110 Compare?
| Metric | 97110 | Cannon Beach | Oregon |
|---|---|---|---|
| Home Value | $927,256 | $927,256 | $493,884 |
| 5-Year CAGR | 5.8% | 5.8% | 4.9% |
| Avg Rent | $1,287 | $1,287 | - |
| Cap Rate | 1.1% | 1.1% | - |
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 97110 (Cannon Beach, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $927,256 |
| Monthly Rent | $1,287 |
| Price-to-Rent | 60.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.7% |
| Cap Rate | 1.1% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 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 (1.1%). 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 97110
Population: 1,128
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 97110
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 investment strategy works best in Cannon Beach, OR?
Most investors in Cannon Beach, OR run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is the tenant base reliable in Cannon Beach, OR?
The renter base in Cannon Beach, OR is reasonable for the $1,287/mo price point. Screening well and pricing to market typically yields measured tenants.
What is the median home value in Cannon Beach, OR?
Expect median prices around $927K in Cannon Beach, OR. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
What is it like being a landlord in Cannon Beach, OR?
OR law landlord-friendly for landlords, and Cannon Beach inherits those rules. Investors should still review local ordinances for rental licensing.
Are rents high in Cannon Beach, OR?
Rents in Cannon Beach, OR run near $1,287/mo. Compared with median home prices of $927K that produces solid gross yields for typical rentals.
You know 97110 now. You don’t know where it ranks.
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