Under $500K Investment Properties for Sale in Lake City, CO
$ 230,000
ROI
23.5
Cash Flow/m
242- - Bed
- 1 Bath
- 540 sft
960 Forget Me Not Drive, Lake City, CO, 81235
$ 379,000
ROI
20.1Cash Flow/m
32- 2 Bed
- 1 Bath
- 1056 sft
700 N Gunnison Avenue, Lake City, CO, 81235
$ 195,000
ROI
22.4Cash Flow/m
144- 1 Bed
- 1 Bath
- 476 sft
331 N Gunnison Ave #8, Lake City, CO, 81235
$ 210,000
ROI
20.2Cash Flow/m
26- 1 Bed
- 1 Bath
- 448 sft
331 N Gunnison Ave #9, Lake City, CO, 81235
Why Invest in Lake City, Colorado?
Investing in Lake City, CO under $500k offers opportunities for affordable property ownership in a scenic area. The city's low competition and increasing rental demand make it a prime choice for real estate investors looking for value. With a favorable rental climate and strong community growth, consider diversifying your portfolio with properties in this charming mountain town.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Lake City offers a variety of properties under $500k, including single-family homes and condominiums. The market has affordable options for both primary residences and rental investments.
Find Your Perfect Investment Property in Lake City, Colorado
Explore investment opportunities by strategy, performance, or property type
