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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Cortez, CO
Listed for sale 3 days ago
$ 399,500
ROI
25.0
Cash Flow/m
584- 3 Bed
- 2 Bath
- 1751 sft
707 Detroit Ave, Cortez, CO, 81321
$ 425,000
ROI
20.9Cash Flow/m
133- 3 Bed
- 2 Bath
- 1714 sft
704 Jennings Drive, Cortez, CO, 81321
$ 165,000
ROI
26.8Cash Flow/m
322- 3 Bed
- 2 Bath
- 816 sft
612 S Ash St, Cortez, CO, 81321
$ 225,000
ROI
26.8Cash Flow/m
438- 2 Bed
- 1 Bath
- 736 sft
600 S Beech St, Cortez, CO, 81321
Why Invest in Cortez, Colorado?
Cortez offers a unique opportunity for investors looking for properties under $500k. With a booming local economy and a steady influx of new residents, the rental market here is favorable, boasting a strong rental yield. Investors can expect to see competitive appreciation rates alongside reasonable cap rates, making it an attractive market for long-term investment.
8.5%
Avg. ROI
6.1%
Rental Yield
5.4%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
The average rent in Cortez is approximately $1,200 per month, which aligns with the current rental market trends.
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