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Cap Rate Analysis: Greeley, CO

Investment metrics, interactive calculators, and data-driven analysis for Greeley rental properties.

Challenging for pure cash flow
Based on $385,000 median price and $1,580/mo median rent
Est. Cap Rate
3.36%
1% Rule
0.41%
Fails
GRM
20.3x
Price / Income
6.6x

Market Data

Median Home Price$385,000
Median Monthly Rent$1,580
Property Tax Rate0.52%
Population115,000
Population Growth1.8% / yr
Median Household Income$58,200
Vacancy Rate5%
Annual Appreciation2.6%

Cap Rate Calculator — Greeley

Pre-filled with Greeley medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.52% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
2.87%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$11,064
net operating income
Gross Rent Multiplier
20.3x
High (>15)
1% Rule
0.41%
✗ Fails
Monthly Cash Flow
$922
before debt service
Annual Breakdown
Gross Rental Income$18,960
Less Vacancy−$948
Effective Income$18,012
Less Operating Expenses−$6,948
Net Operating Income$11,064

Cash-on-Cash Return — Greeley

Factor in financing to see your actual return on invested capital in Greeley.

$
$96,250
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-10.76%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$107,800
$96,250 down + $11,550 closing
Monthly Mortgage
$1,882
on $289K loan
Monthly Cash Flow
$-966
after all expenses
Annual Cash Flow
$-11,597
before taxes
Cash Flow Breakdown
Monthly Rent$1,580
Less Expenses−$664
Less Mortgage−$1,882
Monthly Cash Flow$-966

Is Greeley a Good Place to Invest in Rental Property?

Greeley, CO has a population of 115,000 and has been growing at 1.8% annually — above the national average, suggesting steady demand pressure on housing. The median home price of $385,000 paired with median rents of $1,580/mo produces an estimated cap rate of 3.36%.

Property taxes at 0.52% are well below the national average of ~1.1%, providing a meaningful cash flow advantage many investors overlook. The vacancy rate of 5% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 6.6x, homes cost about 6.6 times the local median income of $58,200. This elevated ratio means homeownership is stretched, supporting rental demand but limiting buyer pools. Home values have appreciated at roughly 2.6% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: At current median prices, Greeley is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

Run a BRRRR analysis for Greeley
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