Real Estate Investing in Sundance, Wyoming (82729)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 82729 (Sundance, WY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 18.0% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 35.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Sundance, WY (82729)?
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Market Analysis: 82729 Sundance
Investors eyeing 82729 need to respect the fundamentals at play. Home values of $415K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $415K asset, 82729 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 82729 and stronger Sundance ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Put differently, 2,357 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Sundance's stable or hybrid ZIPs before stepping into 82729. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Sundance:
Property Strategy for 82729
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $340,799 | $1,070 | 2.3% | +9.3% | $170,399 |
| 3BR | $380,306 | $1,360 | 2.6% | +7.9% | $126,769 |
| 4BR | $453,117 | $1,760 | 2.8% | +8.3% | $113,279 |
Market Trends
Home Value History (with trend line)
📊 How Does 82729 Compare?
| Metric | 82729 | Sundance | Gillette, WY | Wyoming |
|---|---|---|---|---|
| Home Value | $414,767 | $414,767 | N/A | $359,462 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 6.2% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 1.8% | 1.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 82729 (Sundance, WY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $414,767 |
| Monthly Rent | $963 |
| Price-to-Rent | 35.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 82729
Population: 2,357
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 82729
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
Does Sundance, WY make sense for an investment property?
The 3.0/5 investability rating in Sundance, WY reflects its $415K prices and $963/mo rents. Investors generally consider it a solid option within WY.
Are tenants stable in Sundance, WY?
Sundance, WY draws a stable base of working renters. Demand at the $963/mo rent level is reasonable for standard single-family and small multi rentals.
What is the typical rental rate in Sundance, WY?
The typical rental in Sundance, WY commands about $963/mo monthly. That rent profile reliable cash flow against the $415K purchase basis.
How tight is the rental market in Sundance, WY?
Vacancy risk in Sundance, WY is elevated. That supports predictable cash flow for typical rental holds.
What approach is best for Sundance, WY real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Sundance, WY. The numbers - $415K homes against $963/mo rents - support that play.
You know 82729 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 82729 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 82729 ranks in Gillette, WY
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