Real Estate Investing in Ranchester, Wyoming (82839)
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Should you buy in 82839 (Ranchester, WY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 37.5 — 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 Ranchester, WY (82839)?
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Market Analysis: 82839 Ranchester
The 82839 ZIP covers a section of Ranchester that demands careful diligence. Prices near $409K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $409K asset, 82839 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 82839 and stronger Ranchester ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 82839 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Ranchester's stable or hybrid ZIPs before stepping into 82839. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Ranchester:
Market Trends
Home Value History (with trend line)
📊 How Does 82839 Compare?
| Metric | 82839 | Ranchester | Sheridan, WY | Wyoming |
|---|---|---|---|---|
| Home Value | $409,365 | $409,365 | N/A | $359,462 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 6.2% |
| Avg Rent | $909 | $909 | N/A | - |
| Cap Rate | 1.7% | 1.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 82839 (Ranchester, WY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $409,365 |
| Monthly Rent | $909 |
| Price-to-Rent | 37.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.7% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +1.1% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (1.7%). 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 82839
Population: 1,421
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 82839
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 much does a house cost in Ranchester, WY?
The median home value in Ranchester, WY is roughly $409K. That puts it reasonable relative to the WY statewide average.
What monthly rent should investors expect in Ranchester, WY?
Ranchester, WY rentals go for roughly $909/mo a month. That puts gross yield in solid territory relative to $409K acquisition costs.
How deep is the rental pool in Ranchester, WY?
Working renters make up the core of the Ranchester, WY tenant base. The pool is reasonable for investors targeting long-term holds.
Is Ranchester, WY good for landlords?
Rental owners in Ranchester, WY deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What does house hacking look like in Ranchester, WY?
House hacking works a challenging in Ranchester, WY. Rents of $909/mo against $409K acquisition make the strategy solid for owner-occupants.
You know 82839 now. You don’t know where it ranks.
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