Is Mineral County, CO good for real estate investing?

Mineral County has an investment score of 54/100, rated as "Hold". The county ranks #698 nationally among 1000 counties analyzed.

What is the median home price in Mineral?

The median home price in Mineral County is $431,899. This ranks #851 in affordability among all US counties.

Can you cash flow on rental properties in Mineral?

Based on median values with 20% down at current rates, a typical rental in Mineral County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Mineral County

ColoradoPopulation: 794

/100

Hold

#698 of 1,000 counties

#14 in Colorado (62 counties)

Market Snapshot

$431,899

Median Home Price

58% above national median

$25,847/mo

Est. Rent

Based on regional data

5.98%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

54/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

78/100

Based on 2.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

27/100

Price-to-income ratio of 7.3x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

No significant strengths identified based on current data.

Challenges

-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-High price-to-income ratio makes financing challenging
-Limited rent data (estimates used)

Economic Indicators

Population

794

Median Income

$58,929

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

7.3x

Less affordable

Compare to Nearby Counties

County					Verdict
PitkinCO	57	$2,497,315	$17,625	8.47%	Hold	View
CurrentMineralCO	54	$431,899	Est. pending	—	Hold
OteroCO	54	$155,797	Est. pending	—	Hold	View
LakeCO	52	$501,340	Est. pending	—	Hold	View
SaguacheCO	52	$237,715	Est. pending	—	Hold	View
MesaCO	51	$421,486	$1,682	4.79%	Hold	View

The Bottom Line

HoldMineral is a neutral market.

Mineral County in Colorado scores 54/100, ranking #698 of 1,000 US counties (top 70%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%

Ready to Analyze a Deal in Mineral?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

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Score Breakdown

Overall Investment Score

54/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

78/100

Based on 2.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

27/100

Price-to-income ratio of 7.3x. Lower ratios indicate more affordable markets.

County

Verdict

PitkinCO

$2,497,315

$17,625

8.47%

Hold

View

CurrentMineralCO

$431,899

Est. pending

—

Hold

OteroCO

$155,797

Est. pending

—

Hold

View

LakeCO

$501,340

Est. pending

—

Hold

View

SaguacheCO

$237,715

Est. pending

—

Hold

View

MesaCO

$421,486

$1,682

4.79%

Hold

View