Real Estate Investing in Gilcrest, Colorado (80623)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80623 (Gilcrest, 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.
- Elevated vacancy: 8.2% vacancy may signal weakening demand.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gilcrest, CO (80623)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80623 Gilcrest
This part of Weld County is not an easy win. The 80623 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 80623 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 80623 sits on the difficult end of the CO spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
A impressive renter share of 14% in 80623 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. impressive returns are possible in 80623, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Gilcrest:
Market Trends
Home Value History (with trend line)
📊 How Does 80623 Compare?
| Metric | 80623 | Gilcrest | Greeley, CO | Colorado |
|---|---|---|---|---|
| Home Value | $362,729 | $362,729 | N/A | $535,778 |
| 5-Year CAGR | 2.5% | 2.5% | N/A | 4.9% |
| Avg Rent | $1,683 | $1,683 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 80623 (Gilcrest, CO). Anonymous, moderated, never written by AI.
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Property managers serving Weld County
Manage rentals here? List your business →Dakota Property Management provides property and building management company services in Arvada, CO. summary from their website
Greeley Community Management, LLC (GCM) is a leading HOA management firm in Northern Colorado, established in 1999, providing professional management and personalized care. summary from their website
Henderson Property Management & Real Estate offers comprehensive property management services for owners, including lease management and property maintenance in Northern Colorado. 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 | $362,729 |
| Monthly Rent | $1,683 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 80623
Population: 987
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 80623
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 3,427 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Gilcrest, CO rate as a rental market?
Our data puts Gilcrest, CO at 3.0/5 for investability. Home prices of $363K and rents around $1,683/mo create a solid backdrop for investor activity.
Is Gilcrest, CO a good market for FHA house hackers?
The house hack math a challenging in Gilcrest, CO. Owner-occupant buyers benefit from the $1,683/mo rents and $363K home values.
What is the typical rental rate in Gilcrest, CO?
Rent in Gilcrest, CO is around $1,683/mo. The resulting rent-to-value relationship with $363K pricing is reasonable for most investor models.
Are homes affordable in Gilcrest, CO?
Typical homes in Gilcrest, CO go for around $363K. The 5-year CAGR of 0.0% reliable price movement.
Do rentals sit vacant long in Gilcrest, CO?
Gilcrest, CO vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 80623 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80623 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 80623 ranks in Greeley, CO
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