Real Estate Investing in Winchester, Idaho (83555)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83555 (Winchester, 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: 40.1% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Winchester, ID (83555)?
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Market Analysis: 83555 Winchester
This part of Lewis County is not an easy win. The 83555 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
From a cash-flow lens, the numbers look inviting — $277K purchase price, 0.0% nominal cap — the work to hit that pro forma in 83555 is substantial and deserves full respect.
Nearby ZIPs in Winchester have seen price recovery that 83555 has not matched. Lewis County data supports the view that the spread is structural rather than temporary.
Employment concentration in 83555 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Winchester's stable or hybrid ZIPs before stepping into 83555. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Winchester:
Property Strategy for 83555
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $228,661 | $1,090 | 3.4% | — | $114,330 |
| 3BR | $285,815 | $1,530 | 3.9% | — | $95,272 |
Market Trends
Home Value History (with trend line)
📊 How Does 83555 Compare?
| Metric | 83555 | Winchester | Lewiston, ID-WA | Idaho |
|---|---|---|---|---|
| Home Value | $276,688 | $276,688 | N/A | $465,545 |
| 5-Year CAGR | 3.9% | 3.9% | N/A | 7.2% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 83555 (Winchester, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $276,688 |
| Monthly Rent | $981 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 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 (2.8%). 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 83555
Population: 493
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
Frequently Asked Questions
What do rentals go for in Winchester, ID?
Average rent in Winchester, ID is approximately $981/mo per month. Against $277K home values that yields a reasonable rent-to-price ratio.
Is Winchester, ID landlord-friendly?
ID ranks as a landlord-friendly state for landlord-tenant law. Winchester generally follows the statewide framework, so landlords face reasonable operating rules.
How tight is the rental market in Winchester, ID?
Vacancy risk in Winchester, ID is elevated. That supports reliable cash flow for typical rental holds.
Is Winchester, ID suited for a house hack?
For house hackers, Winchester, ID is a challenging. The $981/mo rent on a unit helps defray the mortgage on a $277K property.
Should investors consider Winchester, ID?
The 3.0/5 investability rating in Winchester, ID reflects its $277K prices and $981/mo rents. Investors generally consider it a solid option within ID.
You know 83555 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83555 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 83555 ranks in Lewiston, ID-WA
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