Real Estate Investing in Stayton, Oregon (97383)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97383 (Stayton, 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.
- High price-to-rent: Price-to-rent ratio 26.0 — hard to cash-flow at these prices.
What’s happening in Stayton, OR (97383)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97383 Stayton
ZIP 97383 in Stayton, OR carries a notable set of headwinds. Home values near $469K and rents of $1,503/mo sit inside a market where underwriting has to be tight.
In practical terms, the numbers look inviting — $469K purchase price, 0.0% nominal cap — the work to hit that pro forma in 97383 is substantial and deserves full respect.
Nearby ZIPs in Stayton have seen price recovery that 97383 has not matched. Marion County data supports the view that the spread is structural rather than temporary.
The demographic picture in 97383 includes headwinds that any investor should price in. Income distribution skews lower than Stayton averages, and tenant stability requires active management.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Stayton:
Property Strategy for 97383
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $342,737 | $1,390 | 2.9% | +5.5% | $171,369 |
| 3BR | $440,768 | $1,940 | 3.2% | +5.9% | $146,923 |
| 4BR | $509,301 | $2,110 | 3.0% | +5.7% | $127,325 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 97383 Compare?
| Metric | 97383 | Stayton | Salem, OR | Oregon |
|---|---|---|---|---|
| Home Value | $469,064 | $469,064 | N/A | $493,884 |
| 5-Year CAGR | 3.5% | 3.5% | N/A | 4.9% |
| Avg Rent | $1,503 | $1,503 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 97383 (Stayton, OR). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 97383 (Stayton, OR)?
~25 seconds · no account needed · your report is anonymous
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 | $469,064 |
| Monthly Rent | $1,503 |
| Price-to-Rent | 26.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (2.5%). 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 97383
Population: 9,616
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 97383
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
Is real estate in Stayton, OR a good investment right now?
Investors tracking Stayton, OR will find a 3.0/5 rating supported by $469K median home values and $1,503/mo rents. That profile suits long-term holders targeting predictable returns.
What monthly rent should investors expect in Stayton, OR?
Stayton, OR rentals go for roughly $1,503/mo a month. That puts gross yield in solid territory relative to $469K acquisition costs.
What investment strategy works best in Stayton, OR?
A careful cash-flow rentals with hands-on management strategy Stayton, OR best. The market produces consistent results for that approach at the $469K price point.
What kind of vacancy should I budget for in Stayton, OR?
Rental vacancy in Stayton, OR is elevated. Investors should budget normal turnover but not chronic empty units.
Is Stayton, OR suited for a house hack?
House hacking in Stayton, OR is reasonable to execute. Prices around $469K and rents of $1,503/mo solid owner-occupant economics.
You know 97383 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97383 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 97383 ranks in Salem, OR
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 97383 (Stayton)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 97383 (Stayton, OR).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.