Investment Properties Under $500K in Drake, CO | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Drake, CO

Property at 1002 Spruce Mountain Dr, Drake, CO
Listed for sale 6 days ago
$ 429,000
ROI
21.1ROI percentage
Cash Flow/m
Dollar sign163
  • 2 Bed
  • 1 Bath
  • 1050 sft
1002 Spruce Mountain Dr, Drake, CO, 80515
Property at 150 Wolf Dr, Drake, CO
Listed for sale 7 days ago
$ 305,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign205
  • 2 Bed
  • 1 Bath
  • 528 sft
150 Wolf Dr, Drake, CO, 80515
Property at 2399 US Highway 34, Drake, CO
$ 399,000
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign48
  • 3 Bed
  • 2 Bath
  • 1164 sft
2399 US Highway 34, Drake, CO, 80515
Property at 485 Wren Pl, Drake, CO
$ 399,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign25
  • 2 Bed
  • 1 Bath
  • 834 sft
485 Wren Pl, Drake, CO, 80515

Why Invest in Drake, Colorado?

Investing in properties under $500k in Colorado offers a unique opportunity as demand continues to outpace supply. The state features diverse regions with appreciating values, making it attractive for long-term investors. With an average rental yield of 6%, investors can enjoy strong cash flow while benefiting from robust economic growth.

12%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

In Colorado, you can find various property types under $500k, including single-family homes, condos, and townhouses. The exact options vary by market and area, but many offer good investment potential.

Find Your Perfect Investment Property in Drake, Colorado

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