Real Estate Investing in Woodburn, Oregon (97071)
Should you buy in 97071 (Woodburn, 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.
No major risk flags on the data we track.
What’s happening in Woodburn, OR (97071)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97071 Woodburn
ZIP 97071 in Woodburn, OR carries a healthy set of headwinds. Home values near $428K and rents of $1,743/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $428K asset, 97071 is the wrong submarket. If the plan prices in friction, the yield can still work.
Turning to rents, 97071 offers a low basis, the region around Woodburn has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 97071 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 97071 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 Woodburn:
Property Strategy for 97071
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $324,276 | $1,800 | 4.0% | +5.4% | $162,138 |
| 3BR | $427,036 | $2,470 | 4.2% | +5.3% | $142,345 |
| 4BR | $484,079 | $2,900 | 4.3% | +5.3% | $121,020 |
| 5BR | $539,470 | — | — | +5.5% | $107,894 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 97071 Compare?
| Metric | 97071 | Woodburn | Salem, OR | Oregon |
|---|---|---|---|---|
| Home Value | $428,207 | $428,207 | N/A | $493,884 |
| 5-Year CAGR | 3.5% | 3.5% | N/A | 4.9% |
| Avg Rent | $1,743 | $1,743 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 97071 (Woodburn, OR). Anonymous, moderated, never written by AI.
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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 | $428,207 |
| Monthly Rent | $1,743 |
| Price-to-Rent | 20.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +2.1% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | -1.8% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (3.2%). 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 97071
Population: 31,847
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 97071
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
Investor Insight: With 2,140 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What approach is best for Woodburn, OR real estate?
The best-fit strategy in Woodburn, OR is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Does Woodburn, OR favor landlords or tenants?
Rental owners in Woodburn, OR deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Where do home prices stand in Woodburn, OR?
Woodburn, OR median home values land near $428K. That is reasonable territory for investors looking at $1,743/mo-per-month rentals.
What does house hacking look like in Woodburn, OR?
For house hackers, Woodburn, OR is a challenging. The $1,743/mo rent on a unit helps defray the mortgage on a $428K property.
How deep is the rental pool in Woodburn, OR?
The tenant pool in Woodburn, OR is solid, supported by local employment and population fundamentals. Rents of $1,743/mo are well-absorbed by the market.
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