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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Penrose, CO
$ 160,000
ROI
26.8
Cash Flow/m
315- 3 Bed
- 2 Bath
- 1216 sft
205 Illinois St, Penrose, CO, 81240
Motivated Seller
$ 150,000
ROI
69.4Cash Flow/m
2074- 3 Bed
- 2 Bath
- 2668 sft
750 J St, Penrose, CO, 81240
$ 150,000
ROI
40.0Cash Flow/m
847- 2 Bed
- 2 Bath
- 924 sft
700 Virginia Cir, Penrose, CO, 81240
$ 119,000
ROI
48.1Cash Flow/m
940- 2 Bed
- 2 Bath
- 938 sft
490 Illinois St, 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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