Metropolitan Area

Grants Pass, OR

Oregon0
47
/100
Hold
#766 of 894 metros
Top 86% nationally for investing

Market Snapshot

$392,879
Median Home Price
54% above national median
$1,572/mo
Median Rent
14% above national median
4.80%
Rent-to-Price Ratio
Top 78% nationally
-$1,037
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$392,879
Down Payment (20%)$78,576
Loan Amount$314,303
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,572
Monthly P&I-$2,060
Est. Expenses (35%)-$550
Net Cash Flow-$1,037/mo
3.1%
Cap Rate (all cash)
-13.8%
Cash-on-Cash Return
4.80%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.1% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
47/100
47
Cash Flow(30%)
42/100

Based on 4.80% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
49/100

Based on 0.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
46/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Below-average rent-to-price ratio (4.80%)
  • -Negative cash flow at typical financing (-$1,037/mo)
  • -Negative leverage (cap rate 3.1% < mortgage rate 6.9%)

Counties in Grants Pass, OR

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Dublin, GA
Dublin, GA
67$173,576$1,0427.20%BuyView
Nacogdoches, TX
Nacogdoches, TX
67$224,697$1,1456.12%BuyView
Sandusky, OH
Sandusky, OH
67$238,887$1,5327.69%BuyView
Greenwood, SC
Greenwood, SC
67$178,133$1,2528.43%BuyView
Starkville, MS
Starkville, MS
67$256,680$1,6367.65%BuyView
Current
Grants Pass, OR
47$392,879$1,5724.80%Hold

Rent vs buy in this metro

Rent vs buy in Grants Pass, ORMedian $384,522 · rent $1,511/mo

The Bottom Line

HoldGrants Pass, OR is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Grants Pass, OR metro area scores 47/100, ranking #766 of 894 US metros (top 86%). The 4.80% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-1,037/mo
Cap Rate
3.1%
Cash-on-Cash
-15.8%

Ready to Invest in Grants Pass, OR?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit properties
Explore Other Markets