Real Estate Investing in Mackay, Idaho (83251)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83251 (Mackay, 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: 37.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mackay, ID (83251)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 83251 Mackay
Looking more closely, ZIP 83251 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $323K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 83251 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Stepping back, 83251 offers a low basis, the region around Mackay has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 83251 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 83251 is an operator game, not a passive one. Looking more closely, entry prices of $323K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Mackay:
Property Strategy for 83251
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $278,990 | $1,330 | 3.4% | +11.4% | $139,495 |
| 3BR | $388,255 | $1,820 | 3.4% | +10.4% | $129,418 |
| 4BR | $493,779 | $2,160 | 3.1% | +10.7% | $123,445 |
Market Trends
Home Value History (with trend line)
📊 How Does 83251 Compare?
| Metric | 83251 | Mackay | Idaho |
|---|---|---|---|
| Home Value | $323,252 | $323,252 | $465,545 |
| 5-Year CAGR | 2.8% | 2.8% | 7.2% |
| Avg Rent | $1,197 | $1,197 | - |
| Cap Rate | 2.9% | 2.9% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 83251 (Mackay, ID). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 83251 (Mackay, ID)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $323,252 |
| Monthly Rent | $1,197 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +8.5% ▲ |
🏠 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 (2.9%). 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 83251
Population: 1,322
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 83251
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
What is the smart move for investors in Mackay, ID?
Investors usually favor careful cash-flow rentals with hands-on management in Mackay, ID. With home values at $323K and rents near $1,197/mo, other strategies can work but produce predictable rather than outsized returns.
How strong is the working-renter base in Mackay, ID?
Tenant quality in Mackay, ID ranks as solid. Landlords generally report measured occupancy at market rents of $1,197/mo.
What is the average monthly rent in Mackay, ID?
The typical rental in Mackay, ID commands about $1,197/mo monthly. That rent profile even-keeled cash flow against the $323K purchase basis.
How high is vacancy risk in Mackay, ID?
Vacancy in Mackay, ID is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,197/mo.
Does house hacking make sense in Mackay, ID?
For house hackers, Mackay, ID is a challenging. The $1,197/mo rent on a unit helps defray the mortgage on a $323K property.
You know 83251 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83251 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.
AI Market Advisor
Ask questions about investing in 83251 (Mackay)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 83251 (Mackay, ID).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.