Real Estate Investing in Castle Dale, Utah (84537)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 84537 (Castle Dale, 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 vacancy: 26.0% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.3 — 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 Castle Dale, UT (84537)?
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Market Analysis: 84537 Castle Dale
Meanwhile, ZIP 84537 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $301K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 84537 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader UT picture, 84537 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 84537 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 84537 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 Castle Dale:
Market Trends
Home Value History (with trend line)
📊 How Does 84537 Compare?
| Metric | 84537 | Castle Dale | Utah |
|---|---|---|---|
| Home Value | $300,582 | $307,060 | $530,173 |
| 5-Year CAGR | N/A | N/A | 7.0% |
| Avg Rent | $990 | $959 | - |
| Cap Rate | 2.6% | 2.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 84537 (Castle Dale, UT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $300,582 |
| Monthly Rent | $990 |
| Price-to-Rent | 25.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +9.1% ▲ |
| 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 (2.6%). 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 84537
Population: 1,281
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 84537
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
What is the best play in Castle Dale, UT?
For Castle Dale, UT, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How strong is tenant demand in Castle Dale, UT?
Castle Dale, UT draws a consistent base of working renters. Demand at the $990/mo rent level is reasonable for standard single-family and small multi rentals.
How expensive is real estate in Castle Dale, UT?
Median home price in Castle Dale, UT is near $301K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
Is Castle Dale, UT a good market for FHA house hackers?
Castle Dale, UT is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $301K price point reasonable to enter.
What is the rental occupancy rate in Castle Dale, UT?
Castle Dale, UT vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
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