Real Estate Investing in Dayton, Oregon (97114)

Yamhill County • Population: 5,136 • Data updated: June 2026

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Should you buy in 97114 (Dayton, OR)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High price-to-rent: Price-to-rent ratio 25.7 — hard to cash-flow at these prices.

What’s happening in Dayton, OR (97114)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $532,155
Avg Monthly Rent $1,728
1% Rule ✗ Does Not Meet
Median Income $90,515
% Renters 17.7%

Market Analysis: 97114 Dayton

The 97114 ZIP in Dayton, OR is a local-operator market. Outside capital chasing a $532K entry has to pair deep knowledge with the discount.

Distressed markets are won on execution, not on spreadsheets. ZIP 97114 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Regionally, 97114 sits on the difficult end of the OR spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.

A resilient renter share of 18% in 97114 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Strategy in 97114 is an operator game, not a passive one. From an investor standpoint, entry prices of $532K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.49% as of Jun 25 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Dayton:

C+ Average
Buy Confidence Score: 60/100
Affordability
10/25
Appreciation
18/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.9× the median income
Value Trend
Stable (+0.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,728/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 97114

Which property type performs best in this market?

Best for Cash Flow
3BR
4.0% cap rate
Best for Appreciation
2BR
+7.3% 5yr CAGR
Best Overall Value
4BR
$155,002/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $446,359 $1,920 3.1% +7.3% $223,180
3BR $477,298 $2,620 4.0% +6.0% $159,099
4BR $620,009 $3,110 3.6% +6.4% $155,002

Market Trends

Home Value History (with trend line)

$564K$482K$400K$319K$237K$155KMay 2006May 2016May 2026

📊 How Does 97114 Compare?

Metric 97114 Dayton Oregon
Home Value $532,155 $532,155 $493,884
5-Year CAGR 3.9% 3.9% 4.9%
Avg Rent $1,728 $1,728 -
Cap Rate 2.5% 2.5% -
💡 Why Invest in 97114? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 97114 (Dayton, OR). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 97114 (Dayton, OR)?

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Investability
Good
Cap Rate
2.5%
Low
5yr Growth
+3.9%
Moderate

📊 Market Snapshot

Home Value $532,155
Monthly Rent $1,728
Price-to-Rent 25.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.9%
Cap Rate 2.5%
5-Year IRR 6.5%

📈 Home Appreciation

1-Year +0.8% ▲
3-Year CAGR +3.1% ▲
5-Year CAGR +3.9% ▲
10-Year CAGR +7.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.5%  |  30yr Rate: 6.5%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (2.5%). 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.

Vacancy
3.9%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+3.9%
Stable
Eviction process: Fast Rent control: Unfavorable

Demographics in 97114

Population: 5,136

💰 Median Household Income
$90,515
This area
$90,515
State
$71,325
USA
$74,580
🏠 Renter Occupied
17.7%
This area
17.7%
State
28.8%
USA
34.0%
💼 Unemployment Rate
5.2%
This area
5.2%
State
-6.1%
USA
3.7%
🎓 College Educated
35.0%
This area
35.0%
State
13.8%
USA
33.7%
👤 Median Age
39.9 years
This area
39.9 years
State
31.5 years
USA
38.9 years
🏚️ Vacancy Rate
3.9%
This area
3.9%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 81.9%
Other/Mixed 17.9%
Hispanic/Latino 16.7%
Asian 0.1%
👶 Under 18
26.1%
This area
26.1%
USA
22.0%
👴 65 and Over
21.3%
This area
21.3%
USA
17.3%
📊 Poverty Rate
8.8%
This area
8.8%
USA
11.5%

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 97114

A Avg School Grade
3 Schools
17.6:1 Avg Class Size
$20,587 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Dayton Grade School

📚 K – 05 Elementary
👥
338 Students
👨‍🏫
17.1:1 Class Size
💰
$20,587 Per Student
A Very Good

Dayton High School

📚 09 – 12 High School
👥
314 Students
👨‍🏫
16.0:1 Class Size
💰
$20,587 Per Student
B+ Above Average

Dayton Jr High School

📚 06 – 08 Middle
👥
222 Students
👨‍🏫
19.7:1 Class Size
💰
$20,587 Per Student
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

3 Nearby 2,140 Off-Campus Students
C
Linfield University
1,726 students · 6.3 mi
C
George Fox University
4,531 students · 9.7 mi
C
Chemeketa Community College
7,433 students · 14.9 mi

Investor Insight: With 2,140 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How do home values compare in Dayton, OR?

Homes in Dayton, OR typically sell near $532K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.

Are tenants stable in Dayton, OR?

Working renters make up the core of the Dayton, OR tenant base. The pool is reasonable for investors targeting long-term holds.

What is it like being a landlord in Dayton, OR?

OR law landlord-friendly for landlords, and Dayton inherits those rules. Investors should still review local ordinances for rental licensing.

Is vacancy a concern in Dayton, OR?

Expect elevated vacancy in Dayton, OR. Rents at $1,728/mo are absorbed by the tenant base without meaningful lag.

Can I live-in-and-rent in Dayton, OR?

The house hack math a challenging in Dayton, OR. Owner-occupant buyers benefit from the $1,728/mo rents and $532K home values.

See what 97114 really looks like for investors

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