Real Estate Investing in Collbran, Colorado (81624)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 81624 (Collbran, 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: 34.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 34.9 — 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 Collbran, CO (81624)?
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Market Analysis: 81624 Collbran
This part of Mesa County is not an easy win. The 81624 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 81624 can be a an appealing option for hunting ground — but the discount at $425K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Collbran have seen price recovery that 81624 has not matched. Mesa County data supports the view that the spread is structural rather than temporary.
Employment concentration in 81624 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 81624 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Collbran:
Property Strategy for 81624
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $305,354 | $880 | 2.1% | +6.9% | $305,354 |
| 2BR | $343,030 | $1,130 | 2.4% | +7.8% | $171,515 |
| 3BR | $467,183 | $1,580 | 2.4% | +9.0% | $155,728 |
Market Trends
Home Value History (with trend line)
📊 How Does 81624 Compare?
| Metric | 81624 | Collbran | Grand Junction, CO | Colorado |
|---|---|---|---|---|
| Home Value | $425,281 | $425,281 | N/A | $535,778 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 4.9% |
| Avg Rent | $1,017 | $1,017 | N/A | - |
| Cap Rate | 1.9% | 1.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 81624 (Collbran, CO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $425,281 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 34.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (1.9%). 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 81624
Population: 1,487
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 81624
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 smart move for investors in Collbran, CO?
In Collbran, CO the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $425K prices and $1,017/mo rents suits that approach.
Do landlords face vacancy issues in Collbran, CO?
Rental vacancy in Collbran, CO is elevated. Investors should budget normal turnover but not chronic empty units.
Are tenants stable in Collbran, CO?
Collbran, CO draws a reliable base of working renters. Demand at the $1,017/mo rent level is reasonable for standard single-family and small multi rentals.
Are landlord laws favorable in Collbran, CO?
Collbran, CO operates under CO law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
Where do rents currently stand in Collbran, CO?
The typical rental in Collbran, CO commands about $1,017/mo monthly. That rent profile even-keeled cash flow against the $425K purchase basis.
You know 81624 now. You don’t know where it ranks.
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