Real Estate Investing in Naples, Idaho (83847)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83847 (Naples, ID)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 16.0% of homes vacant — above national norms.
- Elevated poverty: 39.6% poverty rate — can affect rent collection.
- High price-to-rent: Price-to-rent ratio 39.5 — 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 Naples, ID (83847)?
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Market Analysis: 83847 Naples
This part of Boundary is not an easy win. The 83847 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 83847 can be a a viable market for hunting ground — but the discount at $512K reflects genuine risk that outside investors often underestimate.
On balance, 83847 offers a low basis, the region around Naples has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 83847 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. solid returns are possible in 83847, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Naples:
Market Trends
Home Value History (with trend line)
📊 How Does 83847 Compare?
| Metric | 83847 | Naples | Idaho |
|---|---|---|---|
| Home Value | $512,470 | $512,470 | $465,545 |
| 5-Year CAGR | 3.0% | 3.0% | 7.2% |
| Avg Rent | $1,080 | $1,080 | - |
| Cap Rate | 1.6% | 1.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 83847 (Naples, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $512,470 |
| Monthly Rent | $1,080 |
| Price-to-Rent | 39.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.5% |
| Cap Rate | 1.6% |
| 5-Year IRR | 4.6% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 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 (1.6%). 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 83847
Population: 1,475
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 83847
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
How much does a house cost in Naples, ID?
Median home price in Naples, ID is near $512K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Is Naples, ID landlord-friendly?
The landlord environment in Naples, ID is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is Naples, ID better for rentals, flips, or BRRRR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Naples, ID. The numbers - $512K homes against $1,080/mo rents - support that play.
What does house hacking look like in Naples, ID?
House hacking in Naples, ID is reasonable to execute. Prices around $512K and rents of $1,080/mo solid owner-occupant economics.
How strong is Naples, ID for real estate investors?
Investors tracking Naples, ID will find a 2.0/5 rating supported by $512K median home values and $1,080/mo rents. That profile suits long-term holders targeting even-keeled returns.
You know 83847 now. You don’t know where it ranks.
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