Real Estate Investing in Corinne, Utah (84307)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 84307 (Corinne, UT)? 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 price-to-rent: Price-to-rent ratio 38.9 — 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 Corinne, UT (84307)?
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Market Analysis: 84307 Corinne
ZIP 84307 in Corinne, UT carries a notable set of headwinds. Home values near $445K and rents of $954/mo sit inside a market where underwriting has to be tight.
From a cash-flow lens, the numbers look inviting — $445K purchase price, 0.0% nominal cap — the work to hit that pro forma in 84307 is substantial and deserves full respect.
Within UT, ZIP 84307 trails on several market indicators that neighboring Box Elder County submarkets outperform. The gap is real and solid enough to shape underwriting.
Who lives in 84307 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 84307 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Corinne:
Market Trends
Home Value History (with trend line)
📊 How Does 84307 Compare?
| Metric | 84307 | Corinne | Ogden-Clearfield, UT | Utah |
|---|---|---|---|---|
| Home Value | $445,417 | $445,417 | N/A | $530,173 |
| 5-Year CAGR | N/A | N/A | N/A | 7.0% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 1.7% | 1.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 84307 (Corinne, UT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $445,417 |
| Monthly Rent | $954 |
| Price-to-Rent | 38.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 4.0% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 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 (1.7%). 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 84307
Population: 1,377
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 84307
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 Corinne, UT a good market for FHA house hackers?
House hacking in Corinne, UT is a challenging. With home values around $445K and rents at $954/mo, owner-occupants can offset a meaningful share of PITI.
Do rentals sit vacant long in Corinne, UT?
Occupancy in Corinne, UT runs stable with elevated vacancy. Well-priced units at $954/mo lease on reasonable timelines.
How does Corinne, UT stack up for property investment?
With a 2.0/5 investability score, Corinne, UT ranks as a solid market for rental property investors. Median prices of $445K and rents of $954/mo drive the underlying numbers.
Are landlord laws favorable in Corinne, UT?
Corinne, UT falls under UT landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How strong is tenant demand in Corinne, UT?
The tenant pool in Corinne, UT is solid, supported by local employment and population fundamentals. Rents of $954/mo are well-absorbed by the market.
You know 84307 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 84307 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 84307 ranks in Ogden-Clearfield, UT
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