Short answer = NO.
Medium answer = Same money will get you a Ryzen 5 3600 and DDR4
Longer answer = You may be ok with a lower end HMD, What HMD do you plan on running? If you must stick with intel save up for a newer gen, otherwise ditch the old z97 mobo and DDR3, they suck. For the same money you can get into a Ryzen 5 3600, which will smoke the old 4790k.