Real Estate Investing in Crescent, Oregon (97733)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97733 (Crescent, 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 vacancy: 81.5% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 31.2 — 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 Crescent, OR (97733)?
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Market Analysis: 97733 Crescent
Investors eyeing 97733 need to respect the fundamentals at play. Home values of $421K come alongside slower price movement and elevated management overhead.
The investment case in 97733 is significant only for operators who understand what they are buying. A $421K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 97733 and stronger Crescent ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 97733 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 97733 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 Crescent:
Property Strategy for 97733
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $403,008 | $1,250 | 2.2% | +10.7% | $201,504 |
| 3BR | $494,530 | $1,740 | 2.5% | +9.6% | $164,843 |
Market Trends
Home Value History (with trend line)
📊 How Does 97733 Compare?
| Metric | 97733 | Crescent | Oregon |
|---|---|---|---|
| Home Value | $420,600 | $420,600 | $493,884 |
| 5-Year CAGR | 7.0% | 7.0% | 4.9% |
| Avg Rent | $1,125 | $1,125 | - |
| Cap Rate | 2.1% | 2.1% | - |
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 97733 (Crescent, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $420,600 |
| Monthly Rent | $1,125 |
| Price-to-Rent | 31.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 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 (2.1%). 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 97733
Population: 592
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
Frequently Asked Questions
What is the investability score for Crescent, OR?
With a 3.0/5 investability score, Crescent, OR ranks as a solid market for rental property investors. Median prices of $421K and rents of $1,125/mo drive the underlying numbers.
What is the typical home price in Crescent, OR?
Median home price in Crescent, OR is near $421K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
What do rentals go for in Crescent, OR?
Crescent, OR rentals go for roughly $1,125/mo a month. That puts gross yield in solid territory relative to $421K acquisition costs.
Is vacancy a concern in Crescent, OR?
Crescent, OR vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Crescent, OR better for rentals, flips, or BRRRR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Crescent, OR. The numbers - $421K homes against $1,125/mo rents - support that play.
You know 97733 now. You don’t know where it ranks.
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