Real Estate Investing in Otis, Colorado (80743)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80743 (Otis, CO)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.6% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Otis, CO (80743)?
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Market Analysis: 80743 Otis
Not every below-median market is a bargain. Otis's 80743 ZIP registers signals that favor experienced operators who can absorb the risk $246K pricing implies.
Rent of $936/mo on a $246K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 80743 sits below the stated 0.0% once reality is priced in.
In the broader CO picture, 80743 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 80743 ZIP's population of 1,415 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Strategy in 80743 is an operator game, not a passive one. Stepping back, entry prices of $246K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Otis:
Property Strategy for 80743
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $150,988 | $1,040 | 5.0% | — | $75,494 |
| 3BR | $272,674 | $1,250 | 3.3% | — | $90,891 |
Market Trends
Home Value History (with trend line)
📊 How Does 80743 Compare?
| Metric | 80743 | Otis | Colorado |
|---|---|---|---|
| Home Value | $246,459 | $241,988 | $535,778 |
| 5-Year CAGR | 5.5% | 5.2% | 4.9% |
| Avg Rent | $936 | $981 | - |
| Cap Rate | 3.0% | 3.2% | - |
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 80743 (Otis, CO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $246,459 |
| Monthly Rent | $936 |
| Price-to-Rent | 21.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (3.0%). 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 80743
Population: 1,415
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 80743
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 it like being a landlord in Otis, CO?
CO law landlord-friendly for landlords, and Otis inherits those rules. Investors should still review local ordinances for rental licensing.
What kind of tenants rent in Otis, CO?
Tenant quality in Otis, CO ranks as solid. Landlords generally report even-keeled occupancy at market rents of $936/mo.
How strong is Otis, CO for real estate investors?
Otis, CO rates 3.0/5 for investability. With median values at $246K and rents near $936/mo, the market offers reasonable fundamentals for rental investors.
Are rents high in Otis, CO?
Otis, CO rentals go for roughly $936/mo a month. That puts gross yield in solid territory relative to $246K acquisition costs.
What is the average home sale price in Otis, CO?
Expect median prices around $246K in Otis, CO. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
You know 80743 now. You don’t know where it ranks.
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