Real Estate Investing in Ordway, Colorado (81063)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 81063 (Ordway, CO)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 15.6% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ordway, CO (81063)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 81063 Ordway
This part of Crowley County is not an easy win. The 81063 ZIP sits 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 81063 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within CO, ZIP 81063 trails on several market indicators that neighboring Crowley County submarkets outperform. The gap is real and solid enough to shape underwriting.
From a cash-flow lens, 3,060 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 81063 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Ordway:
Property Strategy for 81063
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $108,522 | $1,310 | 8.7% | +0.7% | $54,261 |
| 3BR | $172,965 | $1,570 | 6.5% | +4.6% | $57,655 |
Market Trends
Home Value History (with trend line)
📊 How Does 81063 Compare?
| Metric | 81063 | Ordway | Colorado |
|---|---|---|---|
| Home Value | $162,330 | $162,330 | $535,778 |
| 5-Year CAGR | 1.9% | 1.9% | 4.9% |
| Avg Rent | $1,179 | $1,179 | - |
| Cap Rate | 5.7% | 5.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 81063 (Ordway, CO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $162,330 |
| Monthly Rent | $1,179 |
| Price-to-Rent | 11.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.7% |
| Cap Rate | 5.7% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +1.9% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (5.7%). 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 81063
Population: 3,060
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 81063
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 the average monthly rent in Ordway, CO?
Rent in Ordway, CO is around $1,179/mo. The resulting rent-to-value relationship with $162K pricing is reasonable for most investor models.
Which real estate strategy fits Ordway, CO?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Ordway, CO. The numbers - $162K homes against $1,179/mo rents - support that play.
Is Ordway, CO suited for a house hack?
For house hackers, Ordway, CO is a challenging. The $1,179/mo rent on a unit helps defray the mortgage on a $162K property.
How landlord-friendly is Ordway, CO?
The landlord environment in Ordway, CO is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What is the median home value in Ordway, CO?
Typical homes in Ordway, CO go for around $162K. The 5-year CAGR of 0.0% reliable price movement.
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