Real Estate Investing in Cahone, Colorado (81320)

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

Dolores County • Population: 434 • Data updated: September 2026

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Should you buy in 81320 (Cahone, CO)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
3 flags
  • Elevated poverty: 20.2% poverty rate — can affect rent collection.
  • High price-to-rent: Price-to-rent ratio 30.7 — hard to cash-flow at these prices.
  • Lower household income: $30,652 median — tenant affordability is tighter.

• 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 Cahone, CO (81320)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $371,728
Avg Monthly Rent $1,008
1% Rule ✗ Does Not Meet
Median Income $30,652
% Renters 0.0%

Market Analysis: 81320 Cahone

This part of Dolores County is not an easy win. The 81320 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 81320 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

In the broader CO picture, 81320 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Employment concentration in 81320 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategically, 81320 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 Cahone:

D Needs Caution
Buy Confidence Score: 48/100
Affordability
0/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 12.1× the median income
Value Trend
Rising (+18.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,008/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$379K$358K$337K$316K$296K$275KFeb 2021Nov 2023Jul 2026

📊 How Does 81320 Compare?

Metric 81320 Cahone Colorado
Home Value $371,728 $371,728 $535,778
5-Year CAGR 4.5% 4.5% 4.9%
Avg Rent $1,008 $1,008 -
Cap Rate 2.1% 2.1% -
💡 Why Invest in 81320? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 81320 (Cahone, CO). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.1%
Low
5yr Growth
+4.5%
Moderate

📊 Market Snapshot

Home Value $371,728
Monthly Rent $1,008
Price-to-Rent 30.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.3%
Cap Rate 2.1%
5-Year IRR 6.6%

📈 Home Appreciation

1-Year +18.3% ▲
3-Year CAGR +5.9% ▲
5-Year CAGR +4.5% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). 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.

Vacancy
4.7%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.5%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 81320

Population: 434

💰 Median Household Income
$30,652
This area
$30,652
State
$79,719
USA
$74,580
🏠 Renter Occupied
0.0%
This area
0.0%
State
26.4%
USA
34.0%
💼 Unemployment Rate
3.7%
This area
3.7%
State
-25.8%
USA
3.7%
🎓 College Educated
36.0%
This area
36.0%
State
5.8%
USA
33.7%
👤 Median Age
52.8 years
This area
52.8 years
State
-0.1 years
USA
38.9 years
🏚️ Vacancy Rate
4.7%
This area
4.7%
State
18.7%
USA
10.5%
👥 Population by Ethnicity
White 78.8%
Other/Mixed 21.2%
👶 Under 18
17.7%
This area
17.7%
USA
22.0%
👴 65 and Over
29.5%
This area
29.5%
USA
17.3%
📊 Poverty Rate
20.2%
This area
20.2%
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 Cahone, CO?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Cahone, CO. The numbers - $372K homes against $1,008/mo rents - support that play.

How much does a house cost in Cahone, CO?

The median home value in Cahone, CO is roughly $372K. That puts it reasonable relative to the CO statewide average.

What monthly rent should investors expect in Cahone, CO?

Cahone, CO rentals go for roughly $1,008/mo a month. That puts gross yield in solid territory relative to $372K acquisition costs.

Are eviction rules reasonable in Cahone, CO?

Cahone, CO operates under CO law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.

Should investors worry about vacancy in Cahone, CO?

Cahone, CO carries elevated vacancy risk. Expect predictable absorption at market rents of $1,008/mo.

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