Real Estate Investing in Weldona, Colorado (80653)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80653 (Weldona, 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: 31.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 32.3 — hard to cash-flow at these prices.
• 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 Weldona, CO (80653)?
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Market Analysis: 80653 Weldona
ZIP 80653 inside Morgan County looks affordable on the surface — median value of $370K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $370K asset, 80653 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader CO picture, 80653 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A significant renter share of 25% in 80653 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 80653 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 Weldona:
Market Trends
Home Value History (with trend line)
📊 How Does 80653 Compare?
| Metric | 80653 | Weldona | Fort Morgan, CO | Colorado |
|---|---|---|---|---|
| Home Value | $369,992 | $369,992 | N/A | $535,778 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 4.9% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 2.0% | 2.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 80653 (Weldona, CO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $369,992 |
| Monthly Rent | $954 |
| Price-to-Rent | 32.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 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 (2.0%). 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.
Demographics in 80653
Population: 904
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 80653
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 501 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much do tenants pay in Weldona, CO?
Investors in Weldona, CO typically see rents near $954/mo per month against $370K home values - a solid setup for rental cash flow.
How strong is tenant demand in Weldona, CO?
The tenant pool in Weldona, CO is solid, supported by local employment and population fundamentals. Rents of $954/mo are well-absorbed by the market.
How do experienced investors play Weldona, CO?
For Weldona, CO, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Does house hacking make sense in Weldona, CO?
The a challenging house-hack environment in Weldona, CO reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How expensive is real estate in Weldona, CO?
In Weldona, CO the median home value sits at $370K. Against the broader CO market, that reads as reasonable for most investors.
You know 80653 now. You don’t know where it ranks.
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How 80653 ranks in Fort Morgan, CO
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