Real Estate Investing in Cimarron, Colorado (81220)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 81220 (Cimarron, CO)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 89.1% of homes vacant — above national norms.
- 1-year downturn: Values declined 4.1% in the last year.
- High price-to-rent: Price-to-rent ratio 37.0 — 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 Cimarron, CO (81220)?
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Market Analysis: 81220 Cimarron
Stepping back, ZIP 81220 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $500K median. It rewards specialists, not generalists.
Rent of $1,125/mo on a $500K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 81220 sits below the stated 0.0% once reality is priced in.
Regionally, 81220 sits on the difficult end of the CO spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Looking more closely, 218 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.
Strategy in 81220 is an operator game, not a passive one. In practical terms, entry prices of $500K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Cimarron:
Property Strategy for 81220
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $469,675 | $1,250 | 1.9% | — | $234,837 |
| 3BR | $592,285 | $1,730 | 2.1% | — | $197,428 |
Market Trends
Home Value History (with trend line)
📊 How Does 81220 Compare?
| Metric | 81220 | Cimarron | Montrose, CO | Colorado |
|---|---|---|---|---|
| Home Value | $500,034 | $500,034 | N/A | $535,778 |
| 5-Year CAGR | 2.9% | 2.9% | N/A | 4.9% |
| Avg Rent | $1,125 | $1,125 | N/A | - |
| Cap Rate | 1.8% | 1.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 81220 (Cimarron, CO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $500,034 |
| Monthly Rent | $1,125 |
| Price-to-Rent | 37.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.8% |
| 5-Year IRR | 4.7% |
📈 Home Appreciation
| 1-Year | -4.1% ▼ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | +2.9% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 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 (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.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 81220
Population: 218
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
Does Cimarron, CO make sense for an investment property?
Yes - Cimarron, CO a 2.0/5 investability score. With $500K home prices against $1,125/mo monthly rent, the market delivers a reasonable entry point for new investors.
Should investors worry about vacancy in Cimarron, CO?
Vacancy risk in Cimarron, CO is elevated. That supports measured cash flow for typical rental holds.
Where do home prices stand in Cimarron, CO?
Expect median prices around $500K in Cimarron, CO. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
Can owner-occupants cash flow in Cimarron, CO?
House hacking in Cimarron, CO is a challenging. With home values around $500K and rents at $1,125/mo, owner-occupants can offset a meaningful share of PITI.
What is the average monthly rent in Cimarron, CO?
Investors in Cimarron, CO typically see rents near $1,125/mo per month against $500K home values - a solid setup for rental cash flow.
You know 81220 now. You don’t know where it ranks.
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How 81220 ranks in Montrose, CO
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