Location: Douglas County, OR | Metro: Douglas County, OR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,600 |
| 4 Bedrooms | $1,920 |
| 5 Bedrooms | $2,227 |
| 6 Bedrooms | $2,494 |
| 7 Bedrooms | $2,694 |
| 8 Bedrooms | $2,829 |
U.S. Census Bureau data (2024)
The classification of ZIP code 97410, located in Oregon, hinges on the available data regarding yield and stability. On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is $1,150. This figure represents the rental income potential for properties in this area. However, the lack of market rental rates and home values means we cannot directly compare these to determine if there's an above-average return on investment. The absence of specific market and home value data suggests that while there is a known rental income potential, the overall yield is somewhat uncertain due to incomplete information.
Moving onto stability, the data reveals that 7.2% of the population are renters. This percentage is relatively low compared to typical urban areas, indicating a smaller pool of potential tenants. Without day-on-market (DOM) data or median income figures, it's challenging to assess the liquidity of the rental market and the financial health of the tenant pool. The limited data points towards a less stable market, as higher percentages of renters and shorter DOM periods generally correlate with more stable rental markets.
Given the specifics, ZIP 97410 does not clearly fit into a high-yield/low-stability flip-style market or a steady-cashflow zone. It leans towards a lower-stability market due to the low renter percentage and unknown DOM and income levels. However, the known FMR of $1,150 provides a solid baseline for rental income, which can be considered a moderate yield. Landlords and small-portfolio investors should proceed with caution, focusing on thorough market research and possibly targeting longer-term, more stable tenants rather than short-term flips.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.