Real Estate Investing in Lyons, Oregon (97358)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97358 (Lyons, OR)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 33.6 — 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 Lyons, OR (97358)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97358 Lyons
Investors eyeing 97358 need to respect the fundamentals at play. Home values of $504K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 97358 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within OR, ZIP 97358 trails on several market indicators that neighboring Marion County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Who lives in 97358 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Lyons's stable or hybrid ZIPs before stepping into 97358. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Lyons:
Property Strategy for 97358
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $388,903 | $1,390 | 2.6% | +6.0% | $194,451 |
| 3BR | $522,755 | $1,940 | 2.7% | +6.8% | $174,252 |
| 4BR | $640,867 | $2,120 | 2.4% | — | $160,217 |
Market Trends
Home Value History (with trend line)
📊 How Does 97358 Compare?
| Metric | 97358 | Lyons | Salem, OR | Oregon |
|---|---|---|---|---|
| Home Value | $504,376 | $504,376 | N/A | $493,884 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 4.9% |
| Avg Rent | $1,251 | $1,251 | N/A | - |
| 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 97358 (Lyons, OR). Anonymous, moderated, never written by AI.
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Property managers serving Marion County
Manage rentals here? List your business →Evolve Workforce & Multifamily Housing Services. summary from their website
Dalke Property Management, Llc. 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 | $504,376 |
| Monthly Rent | $1,251 |
| Price-to-Rent | 33.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 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 97358
Population: 2,502
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 97358
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.
Frequently Asked Questions
Where do home prices stand in Lyons, OR?
Lyons, OR home values average about $504K. That price point suits investors targeting rentals with $1,251/mo in monthly income.
How strict are landlord regulations in Lyons, OR?
Lyons, OR operates under OR law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
What strategy should investors use in Lyons, OR?
Investors usually favor careful cash-flow rentals with hands-on management in Lyons, OR. With home values at $504K and rents near $1,251/mo, other strategies can work but produce steady rather than outsized returns.
Is house hacking profitable in Lyons, OR?
House hacking in Lyons, OR is reasonable to execute. Prices around $504K and rents of $1,251/mo solid owner-occupant economics.
What is the renter demographic in Lyons, OR?
Tenant quality in Lyons, OR ranks as solid. Landlords generally report steady occupancy at market rents of $1,251/mo.
You know 97358 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97358 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 97358 ranks in Salem, OR
Every ZIP in this metro, ranked. Free.
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