Is Phillips County, CO good for real estate investing?

Phillips County has an investment score of 71/100, rated as "Buy". The county ranks #120 nationally among 1000 counties analyzed.

What is the median home price in Phillips?

The median home price in Phillips County is $256,429. This ranks #442 in affordability among all US counties.

Can you cash flow on rental properties in Phillips?

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

Phillips County

ColoradoPopulation: 4,493

/100

Buy

#120 of 1,000 counties

#2 in Colorado (62 counties)

Market Snapshot

$256,429

Median Home Price

6% below national median

$15,346/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

71/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

93/100

Based on 7.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

64/100

Price-to-income ratio of 4.4x. 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

+Strong price appreciation (+7.2% YoY)

Challenges

-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

4,493

Median Income

$58,474

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.4x

Moderately affordable

Compare to Nearby Counties

County					Verdict
Kit CarsonCO	72	$228,932	Est. pending	—	Buy	View
CurrentPhillipsCO	71	$256,429	Est. pending	—	Buy
WashingtonCO	70	$252,727	Est. pending	—	Buy	View
YumaCO	67	$273,659	Est. pending	—	Buy	View
Rio BlancoCO	63	$321,563	Est. pending	—	Buy	View
CheyenneCO	60	$184,946	Est. pending	—	Buy	View

The Bottom Line

BuyPhillips offers solid investment potential with good cash flow or appreciation prospects.

Phillips County in Colorado scores 71/100, ranking #120 of 1,000 US counties (top 12%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash