Under $200K Investment Properties for Sale in Penrose, CO
$ 180,000
ROI
27.1
Cash Flow/m
367- 4 Bed
- 2 Bath
- 1680 sft
660 M St, Penrose, CO, 81240
$ 155,000
ROI
26.9Cash Flow/m
306- 2 Bed
- 2 Bath
- 980 sft
405 Illinois St, Penrose, CO, 81240
$ 160,000
ROI
26.8Cash Flow/m
315- 3 Bed
- 2 Bath
- 1216 sft
205 Illinois St, Penrose, CO, 81240
$ 105,000
ROI
78.7Cash Flow/m
1723- - Bed
- - Bath
- - sft
35 Top Rail Trl, Penrose, CO, 81240
Why Invest in Penrose, Colorado?
Investing in Penrose, CO presents an exciting opportunity for serious real estate investors, especially with options available under $200k. The area shows a strong rental yield and steady appreciation, making it ideal for cash flow positive rental properties. With its scenic views and growing local economy, Penrose is attracting a new wave of residents, increasing demand for rental properties.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Penrose, CO is approximately $1,200 per month. This may vary based on property type and location within the town.
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