Under $500K Investment Properties for Sale in Cortez, CO
Listed for sale 2 days ago
$ 194,000
ROI
28.0
Cash Flow/m
447- 1 Bed
- 1 Bath
- 624 sft
209 S Chestnut, Cortez, CO, 81321
Listed for sale 3 days ago
$ 240,000
ROI
31.3Cash Flow/m
769- 3 Bed
- 1 Bath
- 1200 sft
840 Brookside Drive, Cortez, CO, 81321
Listed for sale 4 days ago
$ 270,000
ROI
25.0Cash Flow/m
392- 2 Bed
- 2 Bath
- 976 sft
411 N Washington St, Cortez, CO, 81321
Listed for sale 7 days ago
$ 235,000
ROI
34.1Cash Flow/m
938- 3 Bed
- 2 Bath
- 1324 sft
213 N Sligo Street, 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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