Real Estate Investing in Leadville, Colorado (80461)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80461 (Leadville, CO)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 28.0% of homes vacant — above national norms.
What’s happening in Leadville, CO (80461)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80461 Leadville
Investors eyeing 80461 need to respect the fundamentals at play. Home values of $509K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 80461 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within CO, ZIP 80461 trails on several market indicators that neighboring Lake County submarkets outperform. The gap is real and robust enough to shape underwriting.
A solid renter share of 24% in 80461 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Leadville's stable or hybrid ZIPs before stepping into 80461. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Leadville:
Property Strategy for 80461
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $323,493 | $1,030 | 2.3% | +9.8% | $323,493 |
| 2BR | $424,317 | $1,350 | 2.3% | +8.9% | $212,158 |
| 3BR | $538,987 | $1,720 | 2.3% | +8.9% | $179,662 |
| 4BR | $624,472 | $2,120 | 2.4% | +8.3% | $156,118 |
| 5BR | $762,201 | — | — | +10.0% | $152,440 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80461 Compare?
| Metric | 80461 | Leadville | Edwards, CO | Colorado |
|---|---|---|---|---|
| Home Value | $508,687 | $583,961 | N/A | $535,778 |
| 5-Year CAGR | 5.2% | 5.6% | N/A | 4.9% |
| Avg Rent | $2,333 | $1,873 | N/A | - |
| Cap Rate | 3.6% | 2.6% | - | - |
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 80461 (Leadville, CO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $508,687 |
| Monthly Rent | $2,333 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +10.2% ▲ |
🏠 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 (3.6%). 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 80461
Population: 7,049
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 80461
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.
Frequently Asked Questions
What is the best play in Leadville, CO?
For Leadville, CO, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the renter demographic in Leadville, CO?
Tenant quality in Leadville, CO ranks as solid. Landlords generally report reliable occupancy at market rents of $2,333/mo.
What is the rental occupancy rate in Leadville, CO?
Occupancy in Leadville, CO runs steady with elevated vacancy. Well-priced units at $2,333/mo lease on reasonable timelines.
Is Leadville, CO a good market for FHA house hackers?
Leadville, CO is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $509K price point reasonable to enter.
How expensive is real estate in Leadville, CO?
Median home price in Leadville, CO is near $509K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
You know 80461 now. You don’t know where it ranks.
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How 80461 ranks in Edwards, CO
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