Real Estate Investing in Denver, Colorado (80209)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80209 (Denver, CO)? 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 39.0 — hard to cash-flow at these prices.
What’s happening in Denver, CO (80209)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80209 Denver
The 80209 ZIP covers a section of Denver that demands careful diligence. Prices near $969K look accessible, but the work to make a deal cash flow is real.
The investment case in 80209 is robust only for operators who understand what they are buying. A $969K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Denver have seen price recovery that 80209 has not matched. Denver County data supports the view that the spread is structural rather than temporary.
Employment concentration in 80209 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 80209 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Denver:
Property Strategy for 80209
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $366,470 | $1,890 | 3.7% | +1.9% | $366,470 |
| 2BR | $678,554 | $2,250 | 2.4% | +2.9% | $339,277 |
| 3BR | $1,012,644 | $2,940 | 2.1% | +4.9% | $337,548 |
| 4BR | $1,485,051 | $3,280 | 1.6% | +6.2% | $371,263 |
| 5BR | $2,311,055 | — | — | +6.4% | $462,211 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80209 Compare?
| Metric | 80209 | Denver | Denver-Aurora-Lakewood, CO | Colorado |
|---|---|---|---|---|
| Home Value | $968,958 | $476,211 | N/A | $535,778 |
| 5-Year CAGR | 2.5% | 0.5% | N/A | 4.9% |
| Avg Rent | $2,073 | $1,946 | N/A | - |
| Cap Rate | 1.7% | 2.9% | - | - |
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 80209 (Denver, CO). Anonymous, moderated, never written by AI.
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Property managers serving Denver County
Manage rentals here? List your business →Avail Property Management is a property management company focused on providing a better way of living for residents and maximizing investment for owners. summary from their website
This domain is for sale for $5,795 or monthly payments. summary from their website
Beacon Property Management LLC offers property management services in Denver. 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 | $968,958 |
| Monthly Rent | $2,073 |
| Price-to-Rent | 39.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 4.1% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 Rent Trends
| 1-Year | -7.4% ▼ |
| 3-Year CAGR | -2.6% ▼ |
| 5-Year CAGR | +0.3% ▲ |
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 80209
Population: 26,794
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 80209
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Denver Center for International Studies at Fairmon
Dora Moore ECE-8 School
Goldrick Elementary School
Valverde Elementary School
Schmitt Elementary School
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,826 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are rental rates like in Denver, CO?
The typical rental in Denver, CO commands about $2,073/mo monthly. That rent profile measured cash flow against the $969K purchase basis.
Can I house hack in Denver, CO?
House hacking works a challenging in Denver, CO. Rents of $2,073/mo against $969K acquisition make the strategy solid for owner-occupants.
What investment strategy works best in Denver, CO?
For Denver, CO, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How quickly do rentals get leased in Denver, CO?
Rental vacancy in Denver, CO is elevated. Investors should budget normal turnover but not chronic empty units.
How much should I expect to pay for a home in Denver, CO?
Homes in Denver, CO typically sell near $969K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
You know 80209 now. You don’t know where it ranks.
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How 80209 ranks in Denver-Aurora-Lakewood, CO
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