Real Estate Investing in Denver, Colorado (80223)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80223 (Denver, 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.
- Flat appreciation: Values have barely moved over 5 years (0.2% CAGR).
- Elevated poverty: 20.4% poverty rate — can affect rent collection.
What’s happening in Denver, CO (80223)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80223 Denver
The 80223 ZIP covers a section of Denver that demands careful diligence. Prices near $453K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 80223 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 80223's metrics run below Denver County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 80223 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 80223 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 Denver:
Property Strategy for 80223
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $356,895 | $1,730 | 3.5% | +2.2% | $356,895 |
| 2BR | $415,527 | $2,060 | 3.6% | +2.5% | $207,764 |
| 3BR | $462,732 | $2,700 | 4.2% | +3.0% | $154,244 |
| 4BR | $552,010 | $3,010 | 3.9% | +3.4% | $138,002 |
| 5BR | $589,144 | — | — | +2.7% | $117,829 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80223 Compare?
| Metric | 80223 | Denver | Denver-Aurora-Lakewood, CO | Colorado |
|---|---|---|---|---|
| Home Value | $453,094 | $476,211 | N/A | $535,778 |
| 5-Year CAGR | 0.2% | 0.5% | N/A | 4.9% |
| Avg Rent | $2,016 | $1,946 | N/A | - |
| Cap Rate | 3.5% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 80223 (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 | $453,094 |
| Monthly Rent | $2,016 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 3.7% |
📈 Home Appreciation
| 1-Year | -0.2% ▼ |
| 3-Year CAGR | -1.9% ▼ |
| 5-Year CAGR | +0.2% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +2.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 80223
Population: 19,624
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 80223
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 11,029 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Denver, CO?
Expect median prices around $453K in Denver, CO. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
How does Denver, CO stack up for property investment?
Yes - Denver, CO a 2.0/5 investability score. With $453K home prices against $2,016/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is it easy to find good tenants in Denver, CO?
Tenant demand in Denver, CO is solid. The local workforce $2,016/mo rents across most rental classes.
Which investment style suits Denver, CO?
Investors usually favor careful cash-flow rentals with hands-on management in Denver, CO. With home values at $453K and rents near $2,016/mo, other strategies can work but produce measured rather than outsized returns.
How tight is the rental market in Denver, CO?
Vacancy risk in Denver, CO is elevated. That supports even-keeled cash flow for typical rental holds.
You know 80223 now. You don’t know where it ranks.
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How 80223 ranks in Denver-Aurora-Lakewood, CO
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