Under $500K Investment Properties for Sale in Castle Rock, CO
Listed for sale 2 days ago
$ 480,000
ROI
25.0
Cash Flow/m
695- 3 Bed
- 3 Bath
- 2231 sft
5277 Spruce Avenue, Castle Rock, CO, 80104
Listed for sale 3 days ago
$ 480,000
ROI
22.9Cash Flow/m
423- 3 Bed
- 3 Bath
- 1931 sft
1592 Castle Creek Circle, Castle Rock, CO, 80104
Listed for sale 6 days ago
$ 500,000
ROI
24.3Cash Flow/m
628- 4 Bed
- 4 Bath
- 2425 sft
4613 E Bennington Avenue, Castle Rock, CO, 80104
Listed for sale 7 days ago
$ 489,000
ROI
30.0Cash Flow/m
1394- 4 Bed
- 2 Bath
- 2018 sft
5738 Raleigh Circle, Castle Rock, CO, 80104
Why Invest in Castle Rock, Colorado?
Castle Rock, CO offers strong investment potential in homes under $500k, with access to affordable single-family properties and townhomes in growing suburbs. Proximity to Denver drives demand from commuters seeking value. Average rental yields around 5-6% and cap rates of 6% make these properties attractive for cash flow. Annual appreciation of 4-5% reflects steady market growth. Renter-occupied units at 25% indicate reliable tenant pools.
8.5%
Avg. ROI
5.8%
Rental Yield
6.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
4.7%
1Y Appreciation
Frequently Asked Questions
Yes, properties under $500k include townhomes and smaller single-family homes in neighborhoods like Founders Village. These often feature 2-3 bedrooms and sell quickly due to demand. Check current listings for updated inventory.
Find Your Perfect Investment Property in Castle Rock, Colorado
Explore investment opportunities by strategy, performance, or property type
