Real Estate Investing in Declo, Idaho (83323)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83323 (Declo, 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.
- Elevated vacancy: 11.4% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 38.5 — 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 Declo, ID (83323)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 83323 Declo
Not every below-median market is a bargain. Declo's 83323 ZIP shows signals that favor experienced operators who can absorb the risk $478K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $478K asset, 83323 is the wrong submarket. If the plan prices in friction, the yield can still work.
Meanwhile, 83323 offers a low basis, the region around Declo has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A significant renter share of 36% in 83323 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 83323 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Declo:
Property Strategy for 83323
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $373,478 | $1,600 | 3.1% | +10.5% | $124,493 |
| 4BR | $482,358 | $1,930 | 2.9% | +8.4% | $120,589 |
| 5BR | $655,758 | — | — | +8.7% | $131,152 |
Market Trends
Home Value History (with trend line)
📊 How Does 83323 Compare?
| Metric | 83323 | Declo | Burley, ID | Idaho |
|---|---|---|---|---|
| Home Value | $477,741 | $477,741 | N/A | $465,545 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 7.2% |
| Avg Rent | $1,035 | $1,035 | N/A | - |
| Cap Rate | 1.7% | 1.7% | - | - |
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 83323 (Declo, ID). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 83323 (Declo, ID)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $477,741 |
| Monthly Rent | $1,035 |
| Price-to-Rent | 38.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +11.8% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 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 (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 83323
Population: 1,856
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 83323
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
Where do rents currently stand in Declo, ID?
Expect rents around $1,035/mo per month in Declo, ID. With home values at $478K, the yield math works out to reasonable levels for rental investors.
What are vacancy rates like in Declo, ID?
Declo, ID carries elevated vacancy risk. Expect steady absorption at market rents of $1,035/mo.
How does Declo, ID stack up for property investment?
With a 3.0/5 investability score, Declo, ID ranks as a solid market for rental property investors. Median prices of $478K and rents of $1,035/mo drive the underlying numbers.
What is the smart move for investors in Declo, ID?
Investors usually favor careful cash-flow rentals with hands-on management in Declo, ID. With home values at $478K and rents near $1,035/mo, other strategies can work but produce stable rather than outsized returns.
Does house hacking work in Declo, ID?
The a challenging house-hack environment in Declo, ID reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 83323 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83323 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 83323 ranks in Burley, ID
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 83323 (Declo)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 83323 (Declo, ID).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.