Real Estate Investing in Bailey, Colorado (80421)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Park County • Population: 8,601 • Data updated: September 2026

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Should you buy in 80421 (Bailey, CO)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (49/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 20.5% of homes vacant — above national norms.

What’s happening in Bailey, CO (80421)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $550,748
Avg Monthly Rent $2,850
1% Rule ✗ Does Not Meet
Median Income $96,680
% Renters 6.4%

Market Analysis: 80421 Bailey

This part of Park County is not an easy win. The 80421 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

The 80421 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Regionally, 80421 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.

The 80421 ZIP's population of 8,601 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.

The right play in 80421 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Bailey:

C Below Average
Buy Confidence Score: 58/100
Affordability
10/25
Appreciation
14/25
Stability
9/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.7× the median income
Value Trend
Stable (+1.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,850/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Denver-Aurora-Lakewood, CO Metro Area
More inventory, negotiating room for buyers
53 days
Average time to sell
Average
12.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Denver-Aurora-Lakewood, CO metro data
🏠

Property Strategy for 80421

Which property type performs best in this market?

Best for Cash Flow
1BR
4.7% cap rate
Best for Appreciation
1BR
+7.1% 5yr CAGR
Best Overall Value
5BR
$152,359/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $298,367 $1,930 4.7% +7.1% $298,367
2BR $422,391 $2,300 3.9% +5.7% $211,195
3BR $585,322 $3,010 3.7% +5.8% $195,107
4BR $670,769 $3,360 3.6% +5.8% $167,692
5BR $761,796 +5.7% $152,359

Market Trends

Home Value History (with trend line)

$590K$502K$414K$327K$239K$151KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

No data available

📊 How Does 80421 Compare?

Metric 80421 Bailey Denver-Aurora-Lakewood, CO Colorado
Home Value $550,748 $563,617 N/A $535,778
5-Year CAGR 2.5% 2.7% N/A 4.9%
Avg Rent $2,850 $2,375 N/A -
Cap Rate 4.0% 3.3% - -
💡 Why Invest in 80421? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 80421 (Bailey, CO). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.0%
Fair
5yr Growth
+2.5%
Slow

📊 Market Snapshot

Home Value $550,748
Monthly Rent $2,850
Price-to-Rent 16.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.2%
Cap Rate 4.0%
5-Year IRR 6.6%

📈 Home Appreciation

1-Year +1.5% ▲
3-Year CAGR +0.9% ▲
5-Year CAGR +2.5% ▲
10-Year CAGR +6.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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.

Vacancy
20.5%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.5%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 80421

Population: 8,601

💰 Median Household Income
$96,680
This area
$96,680
State
$79,719
USA
$74,580
🏠 Renter Occupied
6.4%
This area
6.4%
State
26.4%
USA
34.0%
💼 Unemployment Rate
1.5%
This area
1.5%
State
-25.8%
USA
3.7%
🎓 College Educated
37.7%
This area
37.7%
State
5.8%
USA
33.7%
👤 Median Age
47.5 years
This area
47.5 years
State
-0.1 years
USA
38.9 years
🏚️ Vacancy Rate
20.5%
This area
20.5%
State
18.7%
USA
10.5%
👥 Population by Ethnicity
White 90.1%
Other/Mixed 9.3%
Hispanic/Latino 3.6%
Black/African American 0.6%
👶 Under 18
19.0%
This area
19.0%
USA
22.0%
👴 65 and Over
18.0%
This area
18.0%
USA
17.3%
📊 Poverty Rate
2.7%
This area
2.7%
USA
11.5%

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 80421

B+ Avg School Grade
3 Schools
13.0:1 Avg Class Size
$13,131 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Fitzsimmons Middle School

📚 06 – 08 Middle
👥
147 Students
👨‍🏫
9.4:1 Class Size
💰
$13,131 Per Student
B+ Above Average

Platte Canyon High School

📚 09 – 12 High School
👥
224 Students
👨‍🏫
13.6:1 Class Size
💰
$13,131 Per Student
B Good

Deer Creek Elementary School

📚 Pre-K – 05 Elementary
👥
369 Students
👨‍🏫
16.0:1 Class Size
💰
$13,131 Per Student
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.

Frequently Asked Questions

Does Bailey, CO make sense for an investment property?

With a 3.0/5 investability score, Bailey, CO ranks as a solid market for rental property investors. Median prices of $551K and rents of $2,850/mo drive the underlying numbers.

Where do rents currently stand in Bailey, CO?

Investors in Bailey, CO typically see rents near $2,850/mo per month against $551K home values - a solid setup for rental cash flow.

Do rentals sit vacant long in Bailey, CO?

Expect elevated vacancy in Bailey, CO. Rents at $2,850/mo are absorbed by the tenant base without meaningful lag.

Is it easy to find good tenants in Bailey, CO?

Tenant demand in Bailey, CO is solid. The local workforce $2,850/mo rents across most rental classes.

Is housing expensive in Bailey, CO?

Bailey, CO median home values land near $551K. That is reasonable territory for investors looking at $2,850/mo-per-month rentals.

You know 80421 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 80421 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.

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How 80421 ranks in Denver-Aurora-Lakewood, CO

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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