Is the The Dalles, OR metro area good for real estate investing?

The The Dalles, OR metropolitan area has an investment score of 52/100, rated as "Hold". It ranks #693 nationally among 894 metro areas analyzed.

What is the rent-to-price ratio in The Dalles, OR?

The rent-to-price ratio in the The Dalles, OR metro area is 4.97% annually, which ranks in the 25th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in The Dalles, OR?

The median home price in the The Dalles, OR metro area is $404,830. The metro area includes 0 counties with prices ranging from the most affordable to more premium markets.

Can you cash flow on rental properties in The Dalles, OR?

Based on median values with 20% down at current rates, a typical rental in the The Dalles, OR metro would generate negative cash flow of $1,033/month. Individual property and county performance varies. Explore the county-level analysis for more specific opportunities.

Metropolitan Area

The Dalles, OR

Oregon0

/100

Hold

#693 of 894 metros

Top 77% nationally for investing

Market Snapshot

$404,830

Median Home Price

59% above national median

$1,676/mo

Median Rent

21% above national median

4.97%

Rent-to-Price Ratio

Top 75% nationally

-$1,033

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

Down Payment20%

5%50%100%

Purchase

Purchase Price$404,830

Down Payment (20%)$80,966

Loan Amount$323,864

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,676

Monthly P&I-$2,122

Est. Expenses (35%)-$587

Net Cash Flow-$1,033/mo

3.2%

Cap Rate (all cash)

-13.3%

Cash-on-Cash Return

4.97%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 3.2% 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.

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Score Breakdown

Overall Investment Score

52/100

Cash Flow(30%)

45/100

Based on 4.97% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

72/100

Based on 2.0% 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%)

43/100

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 (4.97%)
-Negative cash flow at typical financing (-$1,033/mo)
-Negative leverage (cap rate 3.2% < mortgage rate 6.9%)

Counties in The Dalles, OR

County data is being compiled for this metro area.

Compare to Similar Metros

Metro Area					Verdict
Waycross, GA Waycross, GA	72	$174,474	$1,025	7.05%	Buy	View
Maryville, MO Maryville, MO	72	$222,578	Est.		Buy	View
Auburn, NY Auburn, NY	72	$231,300	$1,340	6.95%	Buy	View
Shawnee, OK Shawnee, OK	72	$195,990	$1,134	6.95%	Buy	View
Tiffin, OH Tiffin, OH	72	$179,031	$962	6.44%	Buy	View
Current The Dalles, OR	52	$404,830	$1,676	4.97%	Hold

The Bottom Line

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

The The Dalles, OR metro area scores 52/100, ranking #693 of 894 US metros (top 77%). The 4.97% 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

$-1,033/mo

Cap Rate

3.2%

Cash-on-Cash

-15.3%

Ready to Invest in The Dalles, OR?

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

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