Real Estate Investing in Nucla, Colorado (81424)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 81424 (Nucla, CO)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 23.0% of homes vacant — above national norms.
- Lower household income: $34,821 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Nucla, CO (81424)?
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Market Analysis: 81424 Nucla
This part of Montrose County is not an easy win. The 81424 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $936/mo on a $257K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 81424 sits below the stated 0.0% once reality is priced in.
On the rental side, 81424 offers a low basis, the region around Nucla has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 81424 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 81424 is an operator game, not a passive one. On balance, entry prices of $257K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Nucla:
Property Strategy for 81424
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $191,406 | $1,040 | 3.9% | +8.5% | $95,703 |
| 3BR | $285,723 | $1,450 | 3.7% | +8.9% | $95,241 |
Market Trends
Home Value History (with trend line)
📊 How Does 81424 Compare?
| Metric | 81424 | Nucla | Montrose, CO | Colorado |
|---|---|---|---|---|
| Home Value | $257,070 | $257,070 | N/A | $535,778 |
| 5-Year CAGR | 6.0% | 6.0% | N/A | 4.9% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 81424 (Nucla, CO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $257,070 |
| Monthly Rent | $936 |
| Price-to-Rent | 22.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (2.8%). 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 81424
Population: 1,166
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
🎓 Schools in 81424
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 tenant pool like in Nucla, CO?
The tenant pool in Nucla, CO is solid, supported by local employment and population fundamentals. Rents of $936/mo are well-absorbed by the market.
Should investors consider Nucla, CO?
The 3.0/5 investability rating in Nucla, CO reflects its $257K prices and $936/mo rents. Investors generally consider it a solid option within CO.
Is vacancy a concern in Nucla, CO?
Rental vacancy in Nucla, CO is elevated. Investors should budget normal turnover but not chronic empty units.
Is Nucla, CO landlord-friendly?
CO ranks as a landlord-friendly state for landlord-tenant law. Nucla generally follows the statewide framework, so landlords face reasonable operating rules.
Is housing expensive in Nucla, CO?
Nucla, CO home values average about $257K. That price point suits investors targeting rentals with $936/mo in monthly income.
You know 81424 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 81424 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.
How 81424 ranks in Montrose, CO
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