Real Estate Investing in Pueblo, Colorado (81004)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 81004 (Pueblo, CO)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.4% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (1.5% CAGR).
What’s happening in Pueblo, CO (81004)?
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Market Analysis: 81004 Pueblo
The 81004 ZIP in Pueblo, CO is a local-operator market. Outside capital chasing a $198K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 81004 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 81004 among CO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 81004 ZIP's population of 26,362 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
The right play in 81004 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 Pueblo:
Property Strategy for 81004
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $120,929 | $940 | 5.6% | +5.7% | $120,929 |
| 2BR | $173,880 | $1,230 | 5.1% | +5.8% | $86,940 |
| 3BR | $214,640 | $1,570 | 5.3% | +5.6% | $71,547 |
| 4BR | $259,732 | $1,830 | 5.1% | +5.6% | $64,933 |
| 5BR | $313,895 | — | — | +5.1% | $62,779 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 81004 Compare?
| Metric | 81004 | Pueblo | Pueblo, CO | Colorado |
|---|---|---|---|---|
| Home Value | $197,833 | $242,453 | N/A | $535,778 |
| 5-Year CAGR | 1.5% | 2.2% | N/A | 4.9% |
| Avg Rent | $1,136 | $1,400 | N/A | - |
| Cap Rate | 4.5% | 4.2% | - | - |
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 81004 (Pueblo, CO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $197,833 |
| Monthly Rent | $1,136 |
| Price-to-Rent | 14.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | -0.1% ▼ |
| 3-Year CAGR | -0.8% ▼ |
| 5-Year CAGR | +1.5% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 Rent Trends
| 1-Year | -2.8% ▼ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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 81004
Population: 26,362
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 81004
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
How do home values compare in Pueblo, CO?
Homes in Pueblo, CO typically sell near $198K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Is it easy to find good tenants in Pueblo, CO?
The renter base in Pueblo, CO is reasonable for the $1,136/mo price point. Screening well and pricing to market typically yields measured tenants.
Does Pueblo, CO favor landlords or tenants?
Rental owners in Pueblo, CO deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the best play in Pueblo, CO?
For Pueblo, CO, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is house hacking profitable in Pueblo, CO?
House hacking works a challenging in Pueblo, CO. Rents of $1,136/mo against $198K acquisition make the strategy solid for owner-occupants.
You know 81004 now. You don’t know where it ranks.
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How 81004 ranks in Pueblo, CO
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