Real Estate Investing in Hyrum, Utah (84319)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 84319 (Hyrum, UT)? 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.
- High price-to-rent: Price-to-rent ratio 29.9 — 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 Hyrum, UT (84319)?
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Market Analysis: 84319 Hyrum
Not every below-median market is a bargain. Hyrum's 84319 ZIP shows signals that favor experienced operators who can absorb the risk $451K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $451K asset, 84319 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader UT picture, 84319 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 84319 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 84319 is an operator game, not a passive one. Looking more closely, entry prices of $451K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Hyrum:
Market Trends
Home Value History (with trend line)
📊 How Does 84319 Compare?
| Metric | 84319 | Hyrum | Logan, UT-ID | Utah |
|---|---|---|---|---|
| Home Value | $451,301 | $451,301 | N/A | $530,173 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 7.0% |
| Avg Rent | $1,260 | $1,260 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
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 84319 (Hyrum, UT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $451,301 |
| Monthly Rent | $1,260 |
| Price-to-Rent | 29.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +9.0% ▲ |
🏠 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 (2.2%). 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 84319
Population: 10,490
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 84319
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
Investor Insight: With 8,690 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the best play in Hyrum, UT?
Hyrum, UT investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($451K prices, $1,260/mo rents) make it a reasonable choice.
Are landlord laws favorable in Hyrum, UT?
Hyrum, UT operates under UT law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
What is the renter demographic in Hyrum, UT?
Hyrum, UT offers a stable renter base at the $1,260/mo rent level. Tenant turnover is reasonable for well-managed properties.
Can I live-in-and-rent in Hyrum, UT?
The house hack math a challenging in Hyrum, UT. Owner-occupant buyers benefit from the $1,260/mo rents and $451K home values.
Are there empty rentals in Hyrum, UT?
Hyrum, UT sees elevated vacancy, which is reasonable relative to the broader UT rental market.
You know 84319 now. You don’t know where it ranks.
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How 84319 ranks in Logan, UT-ID
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