Real Estate Investing in Paul, Idaho (83347)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83347 (Paul, 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: 12.6% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 31.6 — 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 Paul, ID (83347)?
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Market Analysis: 83347 Paul
This part of Minidoka County is not an easy win. The 83347 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 83347 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Paul have seen price recovery that 83347 has not matched. Minidoka County data supports the view that the spread is structural rather than temporary.
The 83347 ZIP's population of 3,284 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Distressed ZIPs reward experience. impressive returns are possible in 83347, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Paul:
Property Strategy for 83347
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $239,319 | $1,020 | 3.1% | +8.1% | $119,660 |
| 3BR | $312,530 | $1,400 | 3.2% | +10.3% | $104,177 |
| 4BR | $382,759 | $1,710 | 3.2% | +9.7% | $95,690 |
Market Trends
Home Value History (with trend line)
📊 How Does 83347 Compare?
| Metric | 83347 | Paul | Burley, ID | Idaho |
|---|---|---|---|---|
| Home Value | $348,509 | $348,509 | N/A | $465,545 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 7.2% |
| Avg Rent | $918 | $918 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 83347 (Paul, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $348,509 |
| Monthly Rent | $918 |
| Price-to-Rent | 31.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +9.1% ▲ |
🏠 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 (2.1%). 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 83347
Population: 3,284
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 83347
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Should investors consider Paul, ID?
Paul, ID sits at an investability rating of 3.0/5, with median home values near $349K and average rents around $918/mo. That combination puts it in the substantial tier for investor interest.
What is the rental occupancy rate in Paul, ID?
Rental vacancy in Paul, ID is elevated. Investors should budget normal turnover but not chronic empty units.
How much is rent in Paul, ID?
Rental rates in Paul, ID average $918/mo. Tenant demand and $349K home values make the yield look reasonable by investor standards.
What does house hacking look like in Paul, ID?
House hacking works a challenging in Paul, ID. Rents of $918/mo against $349K acquisition make the strategy solid for owner-occupants.
What strategy should investors use in Paul, ID?
Most investors in Paul, ID run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 83347 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83347 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 83347 ranks in Burley, ID
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