Real Estate Investing in Yamhill, Oregon (97148)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97148 (Yamhill, 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: 9.5% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 30.1 — 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 Yamhill, OR (97148)?
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Market Analysis: 97148 Yamhill
This part of Yamhill County is not an easy win. The 97148 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 97148 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader OR picture, 97148 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 97148 ZIP's population of 3,125 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
New investors are better served looking at Yamhill's stable or hybrid ZIPs before stepping into 97148. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Yamhill:
Property Strategy for 97148
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $479,661 | $1,920 | 2.9% | +5.8% | $239,831 |
| 3BR | $603,934 | $2,620 | 3.1% | +6.1% | $201,311 |
| 4BR | $705,690 | $3,110 | 3.2% | +5.9% | $176,422 |
Market Trends
Home Value History (with trend line)
📊 How Does 97148 Compare?
| Metric | 97148 | Yamhill | Oregon |
|---|---|---|---|
| Home Value | $624,393 | $624,393 | $493,884 |
| 5-Year CAGR | 2.1% | 2.1% | 4.9% |
| Avg Rent | $1,728 | $1,728 | - |
| Cap Rate | 2.2% | 2.2% | - |
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 97148 (Yamhill, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $624,393 |
| Monthly Rent | $1,728 |
| Price-to-Rent | 30.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 4.2% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (2.2%). 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 97148
Population: 3,125
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 97148
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
Are rents high in Yamhill, OR?
Yamhill, OR rentals go for roughly $1,728/mo a month. That puts gross yield in solid territory relative to $624K acquisition costs.
Is housing expensive in Yamhill, OR?
Yamhill, OR median home values land near $624K. That is reasonable territory for investors looking at $1,728/mo-per-month rentals.
Is real estate in Yamhill, OR a good investment right now?
Yamhill, OR scores 3.0/5 for investability. Home values sit at $624K and rents near $1,728/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Do rentals sit vacant long in Yamhill, OR?
Expect elevated vacancy in Yamhill, OR. Rents at $1,728/mo are absorbed by the tenant base without meaningful lag.
How viable is house hacking in Yamhill, OR?
The house hack math a challenging in Yamhill, OR. Owner-occupant buyers benefit from the $1,728/mo rents and $624K home values.
You know 97148 now. You don’t know where it ranks.
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