Real Estate Investing in Glenns Ferry, Idaho (83627)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83627 (Glenns Ferry, ID)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 28.2 — hard to cash-flow at these prices.
• 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 Glenns Ferry, ID (83627)?
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Market Analysis: 83627 Glenns Ferry
Not every below-median market is a bargain. Glenns Ferry's 83627 ZIP registers signals that favor experienced operators who can absorb the risk $506K pricing implies.
Rent of $1,494/mo on a $506K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 83627 sits below the stated 0.0% once reality is priced in.
Within ID, ZIP 83627 trails on several market indicators that neighboring Elmore County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Employment concentration in 83627 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 83627 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 Glenns Ferry:
Market Trends
Home Value History (with trend line)
📊 How Does 83627 Compare?
| Metric | 83627 | Glenns Ferry | Mountain Home, ID | Idaho |
|---|---|---|---|---|
| Home Value | $505,903 | $377,781 | N/A | $465,545 |
| 5-Year CAGR | 5.1% | 4.4% | N/A | 7.2% |
| Avg Rent | $1,494 | $1,184 | N/A | - |
| Cap Rate | 2.3% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 83627 (Glenns Ferry, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $505,903 |
| Monthly Rent | $1,494 |
| Price-to-Rent | 28.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +11.2% ▲ |
🏠 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 (2.3%). 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 83627
Population: 426
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 is the typical vacancy rate in Glenns Ferry, ID?
Vacancy in Glenns Ferry, ID is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,494/mo.
Is real estate in Glenns Ferry, ID a good investment right now?
The 3.0/5 investability rating in Glenns Ferry, ID reflects its $506K prices and $1,494/mo rents. Investors generally consider it a solid option within ID.
Is housing expensive in Glenns Ferry, ID?
Median home price in Glenns Ferry, ID is near $506K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
How strict are landlord regulations in Glenns Ferry, ID?
Landlord-friendliness in Glenns Ferry, ID is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the typical renter like in Glenns Ferry, ID?
Glenns Ferry, ID draws a predictable base of working renters. Demand at the $1,494/mo rent level is reasonable for standard single-family and small multi rentals.
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