Real Estate Investing in Matheson, Colorado (80832)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Elbert County • Population: 987 • Data updated: September 2026

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Should you buy in 80832 (Matheson, CO)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (37/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 8.9% vacancy may signal weakening demand.
  • High price-to-rent: Price-to-rent ratio 35.8 — 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 Matheson, CO (80832)?

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2.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $460,133
Avg Monthly Rent $1,071
1% Rule ✗ Does Not Meet
Median Income $75,417
% Renters 10.8%

Market Analysis: 80832 Matheson

Investors eyeing 80832 need to respect the fundamentals at play. Home values of $460K come alongside slower price movement and elevated management overhead.

Distressed markets are won on execution, not on spreadsheets. ZIP 80832 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Statewide comparisons place 80832 among CO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Resident income in 80832 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Strategically, 80832 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Matheson:

C Below Average
Buy Confidence Score: 51/100
Affordability
5/25
Appreciation
14/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.1× the median income
Value Trend
Rising (+5.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,071/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Denver-Aurora-Lakewood, CO Metro Area
More inventory, negotiating room for buyers
53 days
Average time to sell
Average
12.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Denver-Aurora-Lakewood, CO metro data

Market Trends

Home Value History (with trend line)

$500K$427K$355K$283K$211K$139KJul 2006Jul 2016Jul 2026

📊 How Does 80832 Compare?

Metric 80832 Matheson Denver-Aurora-Lakewood, CO Colorado
Home Value $460,133 $230,067 N/A $535,778
5-Year CAGR 2.3% 2.3% N/A 4.9%
Avg Rent $1,071 $1,071 N/A -
Cap Rate 1.8% 1.8% - -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 80832 (Matheson, CO). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
1.8%
Low
5yr Growth
+2.3%
Slow

📊 Market Snapshot

Home Value $460,133
Monthly Rent $1,071
Price-to-Rent 35.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.8%
Cap Rate 1.8%
5-Year IRR 4.2%

📈 Home Appreciation

1-Year +5.1% ▲
3-Year CAGR +1.2% ▲
5-Year CAGR +2.3% ▲
10-Year CAGR +6.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
8.9%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.3%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 80832

Population: 987

💰 Median Household Income
$75,417
This area
$75,417
State
$79,719
USA
$74,580
🏠 Renter Occupied
10.8%
This area
10.8%
State
26.4%
USA
34.0%
💼 Unemployment Rate
1.6%
This area
1.6%
State
-25.8%
USA
3.7%
🎓 College Educated
31.3%
This area
31.3%
State
5.8%
USA
33.7%
👤 Median Age
37.4 years
This area
37.4 years
State
-0.1 years
USA
38.9 years
🏚️ Vacancy Rate
8.9%
This area
8.9%
State
18.7%
USA
10.5%
👥 Population by Ethnicity
White 95.0%
Other/Mixed 4.5%
Hispanic/Latino 0.6%
Black/African American 0.5%
👶 Under 18
30.8%
This area
30.8%
USA
22.0%
👴 65 and Over
15.9%
This area
15.9%
USA
17.3%
📊 Poverty Rate
5.3%
This area
5.3%
USA
11.5%

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

Frequently Asked Questions

What real estate strategy is ideal for Matheson, CO?

The best-fit strategy in Matheson, CO is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What do landlords charge for rent in Matheson, CO?

Investors in Matheson, CO typically see rents near $1,071/mo per month against $460K home values - a solid setup for rental cash flow.

Is Matheson, CO good for house hacking?

Matheson, CO is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $460K price point reasonable to enter.

What is the median home value in Matheson, CO?

Matheson, CO home values average about $460K. That price point suits investors targeting rentals with $1,071/mo in monthly income.

What kind of market is Matheson, CO for investors?

Matheson, CO rates 2.0/5 for investability. With median values at $460K and rents near $1,071/mo, the market offers reasonable fundamentals for rental investors.

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How 80832 ranks in Denver-Aurora-Lakewood, CO

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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