Real Estate Investing in Midwest, Wyoming (82643)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 82643 (Midwest, WY)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 36.1% of homes vacant — above national norms.
- Declining values: -5.9% 5-year CAGR — values have moved lower.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Midwest, WY (82643)?
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Market Analysis: 82643 Midwest
The 82643 ZIP shows an sturdy value-add profile — below-median pricing at $66K, a renter base of 8%, and room for operational improvement.
Flippers and value-add operators have treated 82643 as a working ZIP for a reason. Entry prices around $66K and a deep rental base of 8% renters underpin the exit strategy on both the sale and rent sides.
Across WY, value-add opportunity tends to concentrate where housing stock is older and entry prices are below the state median. ZIP 82643 sits at both traits clearly.
Put differently, incomes in 82643 sit below the county median, the tenant pool is deep and the demand for upgraded rental stock consistently outruns supply.
Experienced operators with contractor networks find 82643 an appealing option for. First-time flippers often underestimate scope, budget, and timeline, which is how deals here turn sour.
Here's what matters if you're considering buying a home in Midwest:
Market Trends
Home Value History (with trend line)
📊 How Does 82643 Compare?
| Metric | 82643 | Midwest | Casper, WY | Wyoming |
|---|---|---|---|---|
| Home Value | $66,273 | $66,273 | N/A | $359,462 |
| 5-Year CAGR | N/A | N/A | N/A | 6.2% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 10.2% | 10.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 82643 (Midwest, WY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $66,273 |
| Monthly Rent | $864 |
| Price-to-Rent | 6.4:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.6% |
| Cap Rate | 10.2% |
| 5-Year IRR | 4.2% |
📈 Home Appreciation
| 1-Year | +16.7% ▲ |
| 3-Year CAGR | -4.9% ▼ |
| 5-Year CAGR | -5.9% ▼ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (10.2%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 82643
Population: 218
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 82643
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How do home values compare in Midwest, WY?
Homes in Midwest, WY typically sell near $66K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
Can you recycle capital via BRRRR in Midwest, WY?
Operators BRRRR-ing in Midwest, WY report a strong results. Focus on sub-market acquisition and tight rehab budgets to capture the spread.
How should investors approach Midwest, WY?
In Midwest, WY the healthy play is typically value-add and BRRRR deals. The combination of $66K prices and $864/mo rents suits that approach.
How viable is house hacking in Midwest, WY?
The house hack math an attractive in Midwest, WY. Owner-occupant buyers benefit from the $864/mo rents and $66K home values.
Does the 1% rule work in Midwest, WY?
Midwest, WY delivers a 1.30% rent-to-price ratio on average. Investors targeting the 1% rule will find solid opportunities.
You know 82643 now. You don’t know where it ranks.
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How 82643 ranks in Casper, WY
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