Real Estate Investing in Hayesville, Oregon (97305)
Should you buy in 97305 (Hayesville, 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 Hayesville, OR (97305)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 97305 Hayesville
Investors eyeing 97305 need to respect the fundamentals at play. Home values of $426K come alongside slower price movement and elevated management overhead.
The investment case in 97305 is robust only for operators who understand what they are buying. A $426K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 97305 sits on the difficult end of the OR spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
The 97305 ZIP's population of 45,044 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
Strategy in 97305 is an operator game, not a passive one. Stepping back, entry prices of $426K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Hayesville:
Property Strategy for 97305
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $333,536 | $1,640 | 3.5% | +5.6% | $166,768 |
| 3BR | $408,316 | $2,270 | 4.0% | +6.0% | $136,105 |
| 4BR | $464,843 | $2,460 | 3.8% | +5.8% | $116,211 |
| 5BR | $529,610 | — | — | +5.7% | $105,922 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 97305 Compare?
| Metric | 97305 | Hayesville | Salem, OR | Oregon |
|---|---|---|---|---|
| Home Value | $425,865 | $425,865 | N/A | $493,884 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 4.9% |
| Avg Rent | $1,716 | $1,716 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 97305 (Hayesville, 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 | $425,865 |
| Monthly Rent | $1,716 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | -1.8% ▼ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (3.1%). 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 97305
Population: 45,044
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 97305
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
How do experienced investors play Hayesville, OR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Hayesville, OR. The numbers - $426K homes against $1,716/mo rents - support that play.
How much is rent in Hayesville, OR?
Rents in Hayesville, OR run near $1,716/mo. Compared with median home prices of $426K that produces solid gross yields for typical rentals.
Are tenants stable in Hayesville, OR?
Hayesville, OR draws a reliable base of working renters. Demand at the $1,716/mo rent level is reasonable for standard single-family and small multi rentals.
Are eviction rules reasonable in Hayesville, OR?
For rental operators, Hayesville, OR rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What kind of vacancy should I budget for in Hayesville, OR?
Hayesville, OR vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
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