Real Estate Investing in Nyssa, Oregon (97913)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 97913 (Nyssa, 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: 15.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.5 — 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 Nyssa, OR (97913)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97913 Nyssa
Investors eyeing 97913 need to respect the fundamentals at play. Home values of $283K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 97913 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 97913's metrics run below Malheur County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 97913 ZIP's population of 5,544 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
Distressed ZIPs reward experience. healthy returns are possible in 97913, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Nyssa:
Property Strategy for 97913
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $197,675 | $1,030 | 3.8% | +11.4% | $98,838 |
| 3BR | $269,540 | $1,430 | 3.8% | +10.0% | $89,847 |
| 4BR | $315,942 | $1,730 | 3.9% | +9.9% | $78,985 |
Market Trends
Home Value History (with trend line)
📊 How Does 97913 Compare?
| Metric | 97913 | Nyssa | Ontario, OR-ID | Oregon |
|---|---|---|---|---|
| Home Value | $283,343 | $283,343 | N/A | $493,884 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 4.9% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
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 97913 (Nyssa, OR). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 97913 (Nyssa, OR)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $283,343 |
| Monthly Rent | $927 |
| Price-to-Rent | 25.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +10.4% ▲ |
🏠 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 (2.6%). 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 97913
Population: 5,544
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 97913
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 is the average home sale price in Nyssa, OR?
Nyssa, OR median home values land near $283K. That is reasonable territory for investors looking at $927/mo-per-month rentals.
Is OR a landlord-friendly state?
OR ranks as a landlord-friendly state for landlord-tenant law. Nyssa generally follows the statewide framework, so landlords face reasonable operating rules.
Are renters plentiful in Nyssa, OR?
The tenant pool in Nyssa, OR is solid, supported by local employment and population fundamentals. Rents of $927/mo are well-absorbed by the market.
Which real estate strategy fits Nyssa, OR?
For Nyssa, OR, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Does a duplex house hack pencil in Nyssa, OR?
House hacking works a challenging in Nyssa, OR. Rents of $927/mo against $283K acquisition make the strategy solid for owner-occupants.
You know 97913 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 97913 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 97913 ranks in Ontario, OR-ID
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 97913 (Nyssa)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 97913 (Nyssa, OR).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.