Investing in Rio Blanco County
Rio Blanco County covers 2 rental markets we actively finance in Colorado — Meeker, Rangely. Across those markets the median investment basis averages $320,000, a long-term lease averages $2,750/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,030. That produces a county-wide average DSCR ratio near 1.36x.
Basis varies more inside Rio Blanco County than the average suggests. Rangely is the lowest entry point at roughly $295,000, while Rangely currently models the strongest coverage ratio in the county at 1.44x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.