Real Estate Investing in Redmond, Utah (84652)
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Should you buy in 84652 (Redmond, UT)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
No major risk flags on the data we track.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Redmond, UT (84652)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 84652 Redmond
The 84652 ZIP in Redmond, UT is a local-operator market. Outside capital chasing a $315K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 84652 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 84652 among UT's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 84652 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 84652 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 Redmond:
Market Trends
Home Value History (with trend line)
📊 How Does 84652 Compare?
| Metric | 84652 | Redmond | Utah |
|---|---|---|---|
| Home Value | $314,550 | $314,550 | $530,173 |
| 5-Year CAGR | N/A | N/A | 7.0% |
| Avg Rent | $1,143 | $1,143 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 84652 (Redmond, UT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $314,550 |
| Monthly Rent | $1,143 |
| Price-to-Rent | 22.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 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 (2.8%). 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 84652
Population: 838
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
Frequently Asked Questions
What kind of market is Redmond, UT for investors?
Redmond, UT scores 2.0/5 for investability. Home values sit at $315K and rents near $1,143/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How deep is the rental pool in Redmond, UT?
Redmond, UT draws a even-keeled base of working renters. Demand at the $1,143/mo rent level is reasonable for standard single-family and small multi rentals.
Is Redmond, UT better for rentals, flips, or BRRRR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Redmond, UT. The numbers - $315K homes against $1,143/mo rents - support that play.
Is housing expensive in Redmond, UT?
Typical homes in Redmond, UT go for around $315K. The 5-year CAGR of 0.0% predictable price movement.
What kind of vacancy should I budget for in Redmond, UT?
Rental vacancy in Redmond, UT is elevated. Investors should budget normal turnover but not chronic empty units.
You know 84652 now. You don’t know where it ranks.
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