Real Estate Investing in Watkins, Colorado (80137)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80137 (Watkins, CO)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -0.7% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 7.4% in the last year.
- High price-to-rent: Price-to-rent ratio 25.8 — 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 Watkins, CO (80137)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80137 Watkins
ZIP 80137 in Watkins, CO carries a substantial set of headwinds. Home values near $537K and rents of $1,737/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 80137 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 80137 sits on the difficult end of the CO spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 80137 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 80137 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Watkins:
Market Trends
Home Value History (with trend line)
📊 How Does 80137 Compare?
| Metric | 80137 | Watkins | Denver-Aurora-Lakewood, CO | Colorado |
|---|---|---|---|---|
| Home Value | $537,064 | $537,064 | N/A | $535,778 |
| 5-Year CAGR | N/A | N/A | N/A | 4.9% |
| Avg Rent | $1,737 | $1,737 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 80137 (Watkins, CO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 80137 (Watkins, CO)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Arapahoe County
Manage rentals here? List your business →Accord Property Management provides HOA Management Services in Aurora, CO. summary from their website
Advance HOA provides professional HOA management and Metro District services in Colorado and Arizona. summary from their website
Dunmire Property Management offers professional management services for properties in Colorado Springs, including Creek View Apartments, The Hilltop At Valley Hi Apartments, and Gabion Apartments. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $537,064 |
| Monthly Rent | $1,737 |
| Price-to-Rent | 25.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 1.8% |
📈 Home Appreciation
| 1-Year | -7.4% ▼ |
| 3-Year CAGR | -2.9% ▼ |
| 5-Year CAGR | -0.7% ▼ |
| 10-Year CAGR | +4.3% ▲ |
🏠 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 (2.5%). 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 80137
Population: 2,015
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
🎓 Nearby Colleges & Universities
Investor Insight: With 14,187 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Watkins, CO?
The median home value in Watkins, CO is roughly $537K. That puts it reasonable relative to the CO statewide average.
What is the rental occupancy rate in Watkins, CO?
Watkins, CO vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are tenants stable in Watkins, CO?
Watkins, CO draws a steady base of working renters. Demand at the $1,737/mo rent level is reasonable for standard single-family and small multi rentals.
Is Watkins, CO good for house hacking?
The house hack math a challenging in Watkins, CO. Owner-occupant buyers benefit from the $1,737/mo rents and $537K home values.
Is Watkins, CO landlord-friendly?
CO law landlord-friendly for landlords, and Watkins inherits those rules. Investors should still review local ordinances for rental licensing.
You know 80137 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80137 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 80137 ranks in Denver-Aurora-Lakewood, CO
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 80137 (Watkins)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 80137 (Watkins, CO).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.