Real Estate Investing in Gaston, Oregon (97119)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97119 (Gaston, 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.
- High price-to-rent: Price-to-rent ratio 34.0 — 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 Gaston, OR (97119)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97119 Gaston
Investors eyeing 97119 need to respect the fundamentals at play. Home values of $660K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 97119 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 97119's metrics run below Washington County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 97119 ZIP's population of 5,154 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
The right play in 97119 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 Gaston:
Property Strategy for 97119
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $477,086 | $1,800 | 2.7% | +4.0% | $238,543 |
| 3BR | $628,690 | $2,470 | 2.8% | +5.9% | $209,563 |
| 4BR | $776,291 | $2,900 | 2.7% | +6.3% | $194,073 |
Market Trends
Home Value History (with trend line)
📊 How Does 97119 Compare?
| Metric | 97119 | Gaston | Oregon |
|---|---|---|---|
| Home Value | $660,453 | $660,453 | $493,884 |
| 5-Year CAGR | 2.7% | 2.7% | 4.9% |
| Avg Rent | $1,620 | $1,620 | - |
| Cap Rate | 1.9% | 1.9% | - |
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 97119 (Gaston, OR). Anonymous, moderated, never written by AI.
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Property managers serving Washington County
Manage rentals here? List your business →Shamrock Community & Property Management offers Community Association Management services. summary from their website
PreciseRentals.com is a domain name for sale. 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 | $660,453 |
| Monthly Rent | $1,620 |
| Price-to-Rent | 34.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 4.6% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (1.9%). 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 97119
Population: 5,154
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 97119
Schools in This ZIP Code
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We evaluate schools based on factors that research shows actually impact educational outcomes:
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- 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 monthly rent should investors expect in Gaston, OR?
Rental rates in Gaston, OR average $1,620/mo. Tenant demand and $660K home values make the yield look reasonable by investor standards.
Is Gaston, OR better for rentals, flips, or BRRRR?
Gaston, OR investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($660K prices, $1,620/mo rents) make it a reasonable choice.
How landlord-friendly is Gaston, OR?
Landlord-friendliness in Gaston, OR is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What does house hacking look like in Gaston, OR?
The a challenging house-hack environment in Gaston, OR reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What price range are homes in Gaston, OR?
Median home price in Gaston, OR is near $660K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
You know 97119 now. You don’t know where it ranks.
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How 97119 ranks in Portland-Vancouver-Hillsboro, OR-WA
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