Real Estate Investing in Phillips, Colorado
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Should you buy in Phillips County, CO? Our answer, based on the numbers below.
Solid choice β values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.0% vacancy may signal weakening demand.
What’s happening in Phillips County, CO?
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Market Trends β Phillips County
County Home Value History
Investing in Phillips County Real Estate
Phillips County spans 3 ZIP codes across 3 cities in Colorado, with a population of 1,829. The county's tepid investment metrics reflect deeper structural challenges β worth studying before making commitments.
Across Phillips's 3 ZIPs, the investment landscape runs thin: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.
Population dynamics in Phillips haven't been supportive. a stretch for combined with muted income growth, the demographic backdrop complicates any purely financial underwriting.
Landlord Ground Truth
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Cities in Phillips County
ZIP Codes in Phillips County, CO
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View PlansFrequently Asked Questions About Phillips County
Are landlord laws favorable in, CO?
, CO falls under CO landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
Are tenants stable in, CO?
The tenant pool in, CO is solid, supported by local employment and population fundamentals. Rents of $918/mo are well-absorbed by the market.
What is the average monthly rent in, CO?
The typical rental in, CO commands about $918/mo monthly. That rent profile stable cash flow against the $91K purchase basis.
Is, CO above or below the CO benchmark?
, CO sits broadly in line with the CO average on most investor metrics. Home values of $91K and rents of $918/mo set the benchmark here.
Community Ratings
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