Real Estate Investing in Lewisville, Idaho (83431)
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Should you buy in 83431 (Lewisville, ID)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 31.5 — 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 Lewisville, ID (83431)?
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Market Analysis: 83431 Lewisville
Not every below-median market is a bargain. Lewisville's 83431 ZIP reports signals that favor experienced operators who can absorb the risk $402K pricing implies.
The 83431 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 83431 among ID's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 83431 ZIP's population of 1,066 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Lewisville:
Market Trends
Home Value History (with trend line)
📊 How Does 83431 Compare?
| Metric | 83431 | Lewisville | Idaho Falls, ID | Idaho |
|---|---|---|---|---|
| Home Value | $401,948 | $401,948 | N/A | $465,545 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 7.2% |
| Avg Rent | $1,062 | $1,062 | 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 83431 (Lewisville, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $401,948 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 31.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +10.3% ▲ |
🏠 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 (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 83431
Population: 1,066
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,474 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How should investors approach Lewisville, ID?
A careful cash-flow rentals with hands-on management strategy Lewisville, ID best. The market produces measured results for that approach at the $402K price point.
Are eviction rules reasonable in Lewisville, ID?
Rental owners in Lewisville, ID deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How deep is the rental pool in Lewisville, ID?
Working renters make up the core of the Lewisville, ID tenant base. The pool is reasonable for investors targeting long-term holds.
Is Lewisville, ID suited for a house hack?
House hacking works a challenging in Lewisville, ID. Rents of $1,062/mo against $402K acquisition make the strategy solid for owner-occupants.
What are vacancy rates like in Lewisville, ID?
Vacancy risk in Lewisville, ID is elevated. That supports measured cash flow for typical rental holds.
You know 83431 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83431 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 83431 ranks in Idaho Falls, ID
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