Real Estate Investing in Malta, Idaho (83342)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 83342 (Malta, 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: 23.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 35.4 — 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 Malta, ID (83342)?
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Market Analysis: 83342 Malta
This part of Cassia County is not an easy win. The 83342 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $945/mo on a $402K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 83342 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 83342 among ID's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 83342 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 83342 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Malta:
Market Trends
Home Value History (with trend line)
📊 How Does 83342 Compare?
| Metric | 83342 | Malta | Burley, ID | Idaho |
|---|---|---|---|---|
| Home Value | $401,600 | $401,600 | N/A | $465,545 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 7.2% |
| Avg Rent | $945 | $945 | 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 83342 (Malta, ID). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $401,600 |
| Monthly Rent | $945 |
| Price-to-Rent | 35.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 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 (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 83342
Population: 1,584
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 83342
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 strong is the working-renter base in Malta, ID?
Expect a solid tenant pool in Malta, ID. The rental market absorbs $945/mo rents without meaningful friction.
Is Malta in ID worth investing in?
Malta, ID reports an investability rating of 3.0/5, with median home values near $402K and average rents around $945/mo. That combination puts it in the resilient tier for investor interest.
How do landlord-tenant laws work in Malta, ID?
Malta, ID falls under ID landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is Malta, ID a good market for FHA house hackers?
House hacking in Malta, ID is reasonable to execute. Prices around $402K and rents of $945/mo solid owner-occupant economics.
What approach is best for Malta, ID real estate?
A careful cash-flow rentals with hands-on management strategy Malta, ID best. The market produces predictable results for that approach at the $402K price point.
You know 83342 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 83342 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 83342 ranks in Burley, ID
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