Real Estate Investing in Adams, Oregon (97810)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97810 (Adams, OR)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 28.1% of homes vacant — above national norms.
- 1-year downturn: Values declined 5.5% in the last year.
- High price-to-rent: Price-to-rent ratio 26.8 — 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 Adams, OR (97810)?
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Market Analysis: 97810 Adams
The 97810 ZIP in Adams, OR is a local-operator market. Outside capital chasing a $367K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 97810 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 97810 among OR's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 97810 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 97810 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Adams:
Market Trends
Home Value History (with trend line)
📊 How Does 97810 Compare?
| Metric | 97810 | Adams | Hermiston-Pendleton, OR | Oregon |
|---|---|---|---|---|
| Home Value | $366,952 | $366,952 | N/A | $493,884 |
| 5-Year CAGR | 1.7% | 1.7% | N/A | 4.9% |
| Avg Rent | $1,143 | $1,143 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 97810 (Adams, OR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $366,952 |
| Monthly Rent | $1,143 |
| Price-to-Rent | 26.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 4.1% |
📈 Home Appreciation
| 1-Year | -5.5% ▼ |
| 3-Year CAGR | -0.4% ▼ |
| 5-Year CAGR | +1.7% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (2.4%). 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 97810
Population: 826
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
Is Adams, OR a good place for real estate investing?
With a 2.0/5 investability score, Adams, OR ranks as a solid market for rental property investors. Median prices of $367K and rents of $1,143/mo drive the underlying numbers.
Are rents high in Adams, OR?
Rental rates in Adams, OR average $1,143/mo. Tenant demand and $367K home values make the yield look reasonable by investor standards.
What is the typical renter like in Adams, OR?
Tenant demand in Adams, OR is solid. The local workforce $1,143/mo rents across most rental classes.
What is it like being a landlord in Adams, OR?
The landlord environment in Adams, OR is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What investment strategy works best in Adams, OR?
Investors usually favor careful cash-flow rentals with hands-on management in Adams, OR. With home values at $367K and rents near $1,143/mo, other strategies can work but produce stable rather than outsized returns.
You know 97810 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97810 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 97810 ranks in Hermiston-Pendleton, OR
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