Portland, OR
Multnomah • Portland-Vancouver-Hillsboro, OR-WA
Estimated Market Profile
This ZIP is currently using fallback price, rent, and momentum estimates because full market series have not been imported for it yet. The page still shows geography, census enrichment, and derived scoring so the flow stays usable without pretending the analytics are fully sourced.
Home Value
$230,000
Rent
$0
Rent Yield
11.22%
YoY Change
0.0%
Market Summary
OpenRoof combines price, rent, and momentum to highlight whether this ZIP looks balanced, overheated, or improving.
Price-to-Rent
20
Lower ratios generally support better rental payback periods.
Legacy Classification
Balanced
Compare the older score bucket with the new heat-based signal.
Price Trend
Estimated from the latest Zillow home value and 12-month change
Rent Trend
Estimated from the latest Zillow rent and 12-month change
ZIP 97204 currently scores as a Hot market based on appreciation momentum, rent support, and current affordability.
The current price-to-rent ratio is 20, which helps frame how quickly rental income may offset home values in this market.
Rent yield is 11.22% and the growth score is 72.2.
Classification
Hot
Price-to-Rent
20
Rent Yield
11.22%
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