Real Estate Investing in Oakridge, Oregon (97463)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97463 (Oakridge, OR)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.1% vacancy may signal weakening demand.
- Elevated poverty: 21.4% poverty rate — can affect rent collection.
- Higher unemployment: 7.2% unemployment — tenant risk signal.
- Lower household income: $31,607 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Oakridge, OR (97463)?
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Market Analysis: 97463 Oakridge
ZIP 97463 inside Lane County looks affordable on the surface — median value of $289K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $289K asset, 97463 is the wrong submarket. If the plan prices in friction, the yield can still work.
In practical terms, 97463 offers a low basis, the region around Oakridge has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 97463 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 97463 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Oakridge:
Property Strategy for 97463
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $244,158 | $1,350 | 4.0% | +6.5% | $122,079 |
| 3BR | $301,618 | $1,890 | 4.5% | +6.1% | $100,539 |
| 4BR | $338,778 | $2,260 | 4.8% | +6.6% | $84,694 |
Market Trends
Home Value History (with trend line)
📊 How Does 97463 Compare?
| Metric | 97463 | Oakridge | Eugene-Springfield, OR | Oregon |
|---|---|---|---|---|
| Home Value | $289,117 | $289,117 | N/A | $493,884 |
| 5-Year CAGR | 3.1% | 3.1% | N/A | 4.9% |
| Avg Rent | $1,215 | $1,215 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 97463 (Oakridge, OR). Anonymous, moderated, never written by AI.
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Property managers serving Lane County
Manage rentals here? List your business →Preferred Northwest Property Management offers comprehensive property management services to make managing properties easy, effortless, and affordable. summary from their website
Trio Property Management Inc. provides property management services in Eugene, Springfield, Veneta, Coburg, Junction City, Creswell, and Elmira, helping owners protect rentals and increase returns. 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 | $289,117 |
| Monthly Rent | $1,215 |
| Price-to-Rent | 19.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +1.8% ▲ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +3.1% ▲ |
| 10-Year CAGR | +8.5% ▲ |
🏠 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 (3.3%). 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 97463
Population: 3,820
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 97463
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
What kind of market is Oakridge, OR for investors?
Our data puts Oakridge, OR at 3.0/5 for investability. Home prices of $289K and rents around $1,215/mo create a solid backdrop for investor activity.
How much is rent in Oakridge, OR?
Rents in Oakridge, OR run near $1,215/mo. Compared with median home prices of $289K that produces solid gross yields for typical rentals.
How landlord-friendly is Oakridge, OR?
The landlord environment in Oakridge, OR is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What real estate strategy is ideal for Oakridge, OR?
Oakridge, OR investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($289K prices, $1,215/mo rents) make it a reasonable choice.
What is the rental occupancy rate in Oakridge, OR?
Occupancy in Oakridge, OR runs consistent with elevated vacancy. Well-priced units at $1,215/mo lease on reasonable timelines.
You know 97463 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97463 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 97463 ranks in Eugene-Springfield, OR
Every ZIP in this metro, ranked. Free.
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