Real Estate Investing in Big Piney, Wyoming (83113)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83113 (Big Piney, WY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 26.3% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 32.0 — 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 Big Piney, WY (83113)?
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Market Analysis: 83113 Big Piney
Investors eyeing 83113 need to respect the fundamentals at play. Home values of $332K come alongside slower price movement and elevated management overhead.
The investment case in 83113 is solid only for operators who understand what they are buying. A $332K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
On balance, 83113 offers a low basis, the region around Big Piney has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 83113 ZIP's population of 2,693 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Strategically, 83113 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Big Piney:
Property Strategy for 83113
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $321,012 | $1,340 | 3.0% | +7.7% | $107,004 |
| 4BR | $386,901 | $1,590 | 3.0% | — | $96,725 |
Market Trends
Home Value History (with trend line)
📊 How Does 83113 Compare?
| Metric | 83113 | Big Piney | Wyoming |
|---|---|---|---|
| Home Value | $331,867 | $331,867 | $359,462 |
| 5-Year CAGR | 6.1% | 6.1% | 6.2% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 2.0% | 2.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 83113 (Big Piney, WY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $331,867 |
| Monthly Rent | $864 |
| Price-to-Rent | 32.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +2.2% ▲ |
🏠 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 (2.0%). 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 83113
Population: 2,693
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 83113
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
Should investors consider Big Piney, WY?
Big Piney, WY reflects an investability rating of 3.0/5, with median home values near $332K and average rents around $864/mo. That combination puts it in the solid tier for investor interest.
What is the typical rental rate in Big Piney, WY?
Expect rents around $864/mo per month in Big Piney, WY. With home values at $332K, the yield math works out to reasonable levels for rental investors.
What is the rental occupancy rate in Big Piney, WY?
Rental vacancy in Big Piney, WY is elevated. Investors should budget normal turnover but not chronic empty units.
Does Big Piney, WY favor landlords or tenants?
For rental operators, Big Piney, WY rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What is the typical home price in Big Piney, WY?
The median home value in Big Piney, WY is roughly $332K. That puts it reasonable relative to the WY statewide average.
You know 83113 now. You don’t know where it ranks.
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