Under $300K Investment Properties for Sale in Penrose, CO

$ 275,000
ROI
27.5
Cash Flow/m
596- 3 Bed
- 2 Bath
- 1092 sft
474 Grant St, Penrose, CO, 81240

$ 295,500
ROI
27.1
Cash Flow/m
607- 3 Bed
- 2 Bath
- - sft
828 3rd St, Penrose, CO, 81240

$ 180,000
ROI
27.1
Cash Flow/m
367- 4 Bed
- 2 Bath
- 1680 sft
660 M St, Penrose, CO, 81240

$ 155,000
ROI
26.9
Cash Flow/m
306- 2 Bed
- 2 Bath
- 980 sft
405 Illinois St, Penrose, CO, 81240
Why Invest in Penrose, Colorado?
Invest in Penrose, CO, where properties are available for under $300k. This area offers strong potential for appreciation and growth, making it an attractive option for smart investors. With a competitive rental market and significant demand, you can expect favorable returns on your investment.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average home price in Penrose is currently around $280,000, making it accessible for many first-time homebuyers.
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