Real Estate Investing in Sugar City, Idaho (83448)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83448 (Sugar City, 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.
- Higher unemployment: 12.1% unemployment — tenant risk signal.
What’s happening in Sugar City, ID (83448)?
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Market Analysis: 83448 Sugar City
Investors eyeing 83448 need to respect the fundamentals at play. Home values of $402K come alongside slower price movement and elevated management overhead.
Rent of $1,950/mo on a $402K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 83448 sits below the stated 0.0% once reality is priced in.
In the broader ID picture, 83448 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
From a cash-flow lens, 3,074 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 83448 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 Sugar City:
Property Strategy for 83448
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $337,974 | $2,000 | 4.3% | +7.8% | $112,658 |
| 4BR | $409,930 | $2,340 | 4.1% | +8.6% | $102,482 |
| 5BR | $461,115 | — | — | +8.8% | $92,223 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 83448 Compare?
| Metric | 83448 | Sugar City | Rexburg, ID | Idaho |
|---|---|---|---|---|
| Home Value | $401,763 | $401,763 | N/A | $465,545 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 7.2% |
| Avg Rent | $1,950 | $1,950 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
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 83448 (Sugar City, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $401,763 |
| Monthly Rent | $1,950 |
| Price-to-Rent | 17.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +9.6% ▲ |
🏠 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 (3.8%). 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 83448
Population: 3,074
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 83448
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
Are there empty rentals in Sugar City, ID?
Sugar City, ID carries elevated vacancy risk. Expect stable absorption at market rents of $1,950/mo.
Is Sugar City, ID good for landlords?
Rental owners in Sugar City, ID deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is Sugar City, ID a smart market for rental property?
Yes - Sugar City, ID a 3.0/5 investability score. With $402K home prices against $1,950/mo monthly rent, the market delivers a reasonable entry point for new investors.
Can I live-in-and-rent in Sugar City, ID?
Sugar City, ID is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $402K price point reasonable to enter.
What monthly rent should investors expect in Sugar City, ID?
Rents in Sugar City, ID run near $1,950/mo. Compared with median home prices of $402K that produces solid gross yields for typical rentals.
You know 83448 now. You don’t know where it ranks.
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How 83448 ranks in Rexburg, ID
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