Real Estate Investing in Ohio City, Colorado (81241)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 81241 (Ohio City, 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: 76.6% of homes vacant — above national norms.
- Higher unemployment: 13.2% unemployment — tenant risk signal.
- High price-to-rent: Price-to-rent ratio 28.6 — 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 Ohio City, CO (81241)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 81241 Ohio City
ZIP 81241 inside Gunnison County looks affordable on the surface — median value of $410K — but the discount exists for reasons that a careful buyer should understand before committing.
The 81241 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within CO, ZIP 81241 trails on several market indicators that neighboring Gunnison County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Resident income in 81241 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 81241 is an operator game, not a passive one. On the rental side, entry prices of $410K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Ohio City:
Market Trends
Home Value History (with trend line)
📊 How Does 81241 Compare?
| Metric | 81241 | Ohio City | Colorado |
|---|---|---|---|
| Home Value | $410,279 | $475,906 | $535,778 |
| 5-Year CAGR | 2.4% | 2.4% | 4.9% |
| Avg Rent | $1,197 | $1,197 | - |
| Cap Rate | 2.3% | 2.0% | - |
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 81241 (Ohio City, CO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 81241 (Ohio City, CO)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $410,279 |
| Monthly Rent | $1,197 |
| Price-to-Rent | 28.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 4.7% |
📈 Home Appreciation
| 1-Year | -1.9% ▼ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +2.4% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (2.3%). 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 81241
Population: 166
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
How much do tenants pay in Ohio City, CO?
The typical rental in Ohio City, CO commands about $1,197/mo monthly. That rent profile predictable cash flow against the $410K purchase basis.
Are landlord laws favorable in Ohio City, CO?
Ohio City, CO falls under CO landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How do experienced investors play Ohio City, CO?
Ohio City, CO investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($410K prices, $1,197/mo rents) make it a reasonable choice.
How strong is Ohio City, CO for real estate investors?
Our data puts Ohio City, CO at 3.0/5 for investability. Home prices of $410K and rents around $1,197/mo create a solid backdrop for investor activity.
How strong is tenant demand in Ohio City, CO?
The tenant pool in Ohio City, CO is solid, supported by local employment and population fundamentals. Rents of $1,197/mo are well-absorbed by the market.
You know 81241 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 81241 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.
AI Market Advisor
Ask questions about investing in 81241 (Ohio City)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 81241 (Ohio City, CO).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.