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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 4 days ago
$ 385,000
ROI
21.0
Cash Flow/m
131- 3 Bed
- 2 Bath
- 1723 sft
231 E 3Rd Street, Cortez, CO, 81321
Fix & Flip
Listed for sale 4 days ago
$ 285,000
ROI
27.2Cash Flow/m
588- 3 Bed
- 2 Bath
- 1404 sft
1005 S Cedar Street, Cortez, CO, 81321
Listed for sale 7 days ago
$ 217,000
ROI
23.9Cash Flow/m
250- 4 Bed
- 2 Bath
- 1170 sft
910 Garrison Drive, Cortez, CO, 81321
$ 320,000
ROI
22.9Cash Flow/m
279- 3 Bed
- 2 Bath
- 1428 sft
1501 Navajo 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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