Real Estate Investing in Hotchkiss, Colorado (81419)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 81419 (Hotchkiss, 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: 22.6% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 39.0 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hotchkiss, CO (81419)?
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Market Analysis: 81419 Hotchkiss
This part of Delta County is not an easy win. The 81419 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Looking more closely, the numbers look inviting — $476K purchase price, 0.0% nominal cap — the work to hit that pro forma in 81419 is substantial and deserves full respect.
Put differently, 81419 offers a low basis, the region around Hotchkiss has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 81419 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. resilient returns are possible in 81419, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hotchkiss:
Property Strategy for 81419
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $372,536 | $1,130 | 2.2% | +5.5% | $186,268 |
| 3BR | $487,988 | $1,560 | 2.3% | +7.0% | $162,663 |
| 4BR | $599,911 | $1,900 | 2.3% | +7.9% | $149,978 |
Market Trends
Home Value History (with trend line)
📊 How Does 81419 Compare?
| Metric | 81419 | Hotchkiss | Colorado |
|---|---|---|---|
| Home Value | $475,728 | $441,357 | $535,778 |
| 5-Year CAGR | 3.9% | 4.5% | 4.9% |
| Avg Rent | $1,017 | $1,008 | - |
| Cap Rate | 1.7% | 1.8% | - |
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 81419 (Hotchkiss, CO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $475,728 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 39.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 5.6% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (1.7%). 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 81419
Population: 3,223
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 81419
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 typical home price in Hotchkiss, CO?
Median home price in Hotchkiss, CO is near $476K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
What is the typical renter like in Hotchkiss, CO?
Tenant demand in Hotchkiss, CO is solid. The local workforce $1,017/mo rents across most rental classes.
Are there empty rentals in Hotchkiss, CO?
Vacancy risk in Hotchkiss, CO is elevated. That supports steady cash flow for typical rental holds.
Where do rents currently stand in Hotchkiss, CO?
Rent in Hotchkiss, CO is around $1,017/mo. The resulting rent-to-value relationship with $476K pricing is reasonable for most investor models.
Does a duplex house hack pencil in Hotchkiss, CO?
House hacking in Hotchkiss, CO is reasonable to execute. Prices around $476K and rents of $1,017/mo solid owner-occupant economics.
You know 81419 now. You don’t know where it ranks.
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