Real Estate Investing in Lava Hot Springs, Idaho (83246)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83246 (Lava Hot Springs, ID)? 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: 38.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 36.5 — hard to cash-flow at these prices.
• 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 Lava Hot Springs, ID (83246)?
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Market Analysis: 83246 Lava Hot Springs
Investors eyeing 83246 need to respect the fundamentals at play. Home values of $453K come alongside slower price movement and elevated management overhead.
The investment case in 83246 is substantial only for operators who understand what they are buying. A $453K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 83246 and stronger Lava Hot Springs ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 83246 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 83246 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 Lava Hot Springs:
Market Trends
Home Value History (with trend line)
📊 How Does 83246 Compare?
| Metric | 83246 | Lava Hot Springs | Pocatello, ID | Idaho |
|---|---|---|---|---|
| Home Value | $452,954 | $452,954 | N/A | $465,545 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 7.2% |
| Avg Rent | $1,035 | $1,035 | 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 83246 (Lava Hot Springs, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $452,954 |
| Monthly Rent | $1,035 |
| Price-to-Rent | 36.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.8% |
| 5-Year IRR | 5.8% |
📈 Home Appreciation
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +9.3% ▲ |
🏠 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 83246
Population: 846
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 83246
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 strong is Lava Hot Springs, ID for real estate investors?
Investors tracking Lava Hot Springs, ID will find a 3.0/5 rating supported by $453K median home values and $1,035/mo rents. That profile suits long-term holders targeting predictable returns.
What is the average monthly rent in Lava Hot Springs, ID?
The typical rental in Lava Hot Springs, ID commands about $1,035/mo monthly. That rent profile consistent cash flow against the $453K purchase basis.
Is Lava Hot Springs, ID good for landlords?
Lava Hot Springs, ID operates under ID law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
How deep is the rental pool in Lava Hot Springs, ID?
Lava Hot Springs, ID draws a even-keeled base of working renters. Demand at the $1,035/mo rent level is reasonable for standard single-family and small multi rentals.
What is the smart move for investors in Lava Hot Springs, ID?
A careful cash-flow rentals with hands-on management strategy Lava Hot Springs, ID best. The market produces measured results for that approach at the $453K price point.
You know 83246 now. You don’t know where it ranks.
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How 83246 ranks in Pocatello, ID
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