Real Estate Investing in Richmond, Utah (84333)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 84333 (Richmond, 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 41.4 — 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 Richmond, UT (84333)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 84333 Richmond
The 84333 ZIP in Richmond, UT is a local-operator market. Outside capital chasing a $483K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 84333 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 84333's metrics run below Cache County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 84333 includes headwinds that any investor should price in. Income distribution skews lower than Richmond averages, and tenant stability requires active management.
Strategy in 84333 is an operator game, not a passive one. On the rental side, entry prices of $483K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Richmond:
Market Trends
Home Value History (with trend line)
📊 How Does 84333 Compare?
| Metric | 84333 | Richmond | Logan, UT-ID | Utah |
|---|---|---|---|---|
| Home Value | $482,743 | $482,743 | N/A | $530,173 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 7.0% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 1.6% | 1.6% | - | - |
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 84333 (Richmond, UT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $482,743 |
| Monthly Rent | $972 |
| Price-to-Rent | 41.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.4% |
| Cap Rate | 1.6% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | N/A |
🏠 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 84333
Population: 3,095
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 84333
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 median home value in Richmond, UT?
Typical homes in Richmond, UT go for around $483K. The 5-year CAGR of 0.0% consistent price movement.
What type of investing works in Richmond, UT?
A careful cash-flow rentals with hands-on management strategy Richmond, UT best. The market produces reliable results for that approach at the $483K price point.
Is Richmond, UT suited for a house hack?
For house hackers, Richmond, UT is a challenging. The $972/mo rent on a unit helps defray the mortgage on a $483K property.
What is the investability score for Richmond, UT?
Yes - Richmond, UT a 3.0/5 investability score. With $483K home prices against $972/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is the tenant base reliable in Richmond, UT?
The renter base in Richmond, UT is reasonable for the $972/mo price point. Screening well and pricing to market typically yields measured tenants.
You know 84333 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 84333 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 84333 ranks in Logan, UT-ID
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