Real Estate Investing in Manzanita, Oregon (97130)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97130 (Manzanita, 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: 75.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 43.7 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Manzanita, OR (97130)?
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Market Analysis: 97130 Manzanita
The 97130 ZIP covers a section of Manzanita that demands careful diligence. Prices near $826K look accessible, but the work to make a deal cash flow is real.
Rent of $1,575/mo on a $826K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 97130 sits below the stated 0.0% once reality is priced in.
ZIP 97130's metrics run below Tillamook County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 97130 includes headwinds that any investor should price in. Income distribution skews lower than Manzanita averages, and tenant stability requires active management.
Distressed ZIPs reward experience. solid returns are possible in 97130, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Manzanita:
Property Strategy for 97130
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $742,985 | $1,420 | 1.4% | — | $742,985 |
| 2BR | $702,199 | $1,750 | 1.8% | +7.9% | $351,100 |
| 3BR | $850,326 | $2,430 | 2.1% | +8.6% | $283,442 |
| 4BR | $1,022,004 | $2,590 | 1.8% | +8.5% | $255,501 |
Market Trends
Home Value History (with trend line)
📊 How Does 97130 Compare?
| Metric | 97130 | Manzanita | Oregon |
|---|---|---|---|
| Home Value | $825,887 | $825,887 | $493,884 |
| 5-Year CAGR | 3.9% | 3.9% | 4.9% |
| Avg Rent | $1,575 | $1,575 | - |
| Cap Rate | 1.5% | 1.5% | - |
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 97130 (Manzanita, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $825,887 |
| Monthly Rent | $1,575 |
| Price-to-Rent | 43.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.3% |
| Cap Rate | 1.5% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | +0.0% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (1.5%). 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 97130
Population: 902
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much do tenants pay in Manzanita, OR?
Rent in Manzanita, OR is around $1,575/mo. The resulting rent-to-value relationship with $826K pricing is reasonable for most investor models.
What is the typical home price in Manzanita, OR?
Homes in Manzanita, OR typically sell near $826K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
What kind of market is Manzanita, OR for investors?
Investors tracking Manzanita, OR will find a 2.0/5 rating supported by $826K median home values and $1,575/mo rents. That profile suits long-term holders targeting consistent returns.
Is OR a landlord-friendly state?
The landlord environment in Manzanita, OR is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What investment strategy works best in Manzanita, OR?
In Manzanita, OR the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $826K prices and $1,575/mo rents suits that approach.
You know 97130 now. You don’t know where it ranks.
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