Real Estate Investing in Cascade, Colorado (80809)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80809 (Cascade, CO)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 28.8% of homes vacant — above national norms.
- Higher unemployment: 13.2% unemployment — tenant risk signal.
• 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 Cascade, CO (80809)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80809 Cascade
The 80809 ZIP covers a section of Cascade that demands careful diligence. Prices near $520K look accessible, but the work to make a deal cash flow is real.
The investment case in 80809 is significant only for operators who understand what they are buying. A $520K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 80809 sits on the difficult end of the CO spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
The 80809 ZIP's population of 892 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
New investors are better served looking at Cascade's stable or hybrid ZIPs before stepping into 80809. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Cascade:
Property Strategy for 80809
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $391,800 | $2,010 | 3.7% | +4.1% | $195,900 |
| 3BR | $514,251 | $2,800 | 3.9% | +4.8% | $171,417 |
| 4BR | $606,764 | $3,180 | 3.8% | +5.7% | $151,691 |
Market Trends
Home Value History (with trend line)
📊 How Does 80809 Compare?
| Metric | 80809 | Cascade | Colorado Springs, CO | Colorado |
|---|---|---|---|---|
| Home Value | $519,699 | $519,699 | N/A | $535,778 |
| 5-Year CAGR | 2.8% | 2.8% | N/A | 4.9% |
| Avg Rent | $1,809 | $1,809 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 80809 (Cascade, CO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 80809 (Cascade, CO)?
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Property managers serving El Paso County
Manage rentals here? List your business →All County Colorado Springs is a full-service residential property management company serving Colorado Springs, Fountain, Fort Carson, Falcon, Peyton, & Security-Widefield. summary from their website
Cornerstone Real Estate Team offers property management services in Colorado Springs, providing resources for owners, investors, and tenants. summary from their website
RowCal provides HOA and community association management services, including financials, maintenance, construction, and rentals. 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 | $519,699 |
| Monthly Rent | $1,809 |
| Price-to-Rent | 23.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (2.7%). 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 80809
Population: 892
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 80809
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 1,020 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do rentals sit vacant long in Cascade, CO?
Occupancy in Cascade, CO runs measured with elevated vacancy. Well-priced units at $1,809/mo lease on reasonable timelines.
What is the median home value in Cascade, CO?
Cascade, CO home values average about $520K. That price point suits investors targeting rentals with $1,809/mo in monthly income.
Does Cascade, CO make sense for an investment property?
Cascade, CO reflects an investability rating of 3.0/5, with median home values near $520K and average rents around $1,809/mo. That combination puts it in the sturdy tier for investor interest.
How strong is the working-renter base in Cascade, CO?
Tenant quality in Cascade, CO ranks as solid. Landlords generally report reliable occupancy at market rents of $1,809/mo.
What monthly rent should investors expect in Cascade, CO?
Rents in Cascade, CO run near $1,809/mo. Compared with median home prices of $520K that produces solid gross yields for typical rentals.
You know 80809 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80809 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 80809 ranks in Colorado Springs, CO
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