Real Estate Investing in Deary, Idaho (83823)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83823 (Deary, ID)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High price-to-rent: Price-to-rent ratio 36.6 — 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 Deary, ID (83823)?
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Market Analysis: 83823 Deary
In practical terms, ZIP 83823 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $493K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 83823 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
On the rental side, 83823 offers a low basis, the region around Deary has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A robust renter share of 16% in 83823 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 83823 is an operator game, not a passive one. In practical terms, entry prices of $493K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Deary:
Market Trends
Home Value History (with trend line)
📊 How Does 83823 Compare?
| Metric | 83823 | Deary | Moscow, ID | Idaho |
|---|---|---|---|---|
| Home Value | $493,371 | $493,371 | N/A | $465,545 |
| 5-Year CAGR | 2.1% | 2.1% | N/A | 7.2% |
| Avg Rent | $1,125 | $1,125 | N/A | - |
| Cap Rate | 1.8% | 1.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 83823 (Deary, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $493,371 |
| Monthly Rent | $1,125 |
| Price-to-Rent | 36.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.8% |
| 5-Year IRR | 3.9% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (1.8%). 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 83823
Population: 1,549
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 83823
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.
Frequently Asked Questions
Is real estate in Deary, ID a good investment right now?
Our data puts Deary, ID at 2.0/5 for investability. Home prices of $493K and rents around $1,125/mo create a solid backdrop for investor activity.
Do rentals sit vacant long in Deary, ID?
Occupancy in Deary, ID runs stable with elevated vacancy. Well-priced units at $1,125/mo lease on reasonable timelines.
How strong are rents in Deary, ID?
Rent in Deary, ID is around $1,125/mo. The resulting rent-to-value relationship with $493K pricing is reasonable for most investor models.
Is Deary, ID a friendly market for rental owners?
Deary, ID operates under ID law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
Are renters plentiful in Deary, ID?
Expect a solid tenant pool in Deary, ID. The rental market absorbs $1,125/mo rents without meaningful friction.
You know 83823 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83823 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 83823 ranks in Moscow, ID
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