Under $500K Investment Properties for Sale in Penrose, CO
$ 485,000
ROI
20.7
Cash Flow/m
129- 3 Bed
- 2 Bath
- 1786 sft
1407 Top Notch Trl, Penrose, CO, 81240
$ 385,000
ROI
27.0Cash Flow/m
781- 3 Bed
- 3 Bath
- 2052 sft
1001 I St, Penrose, CO, 81240
$ 275,000
ROI
27.5Cash Flow/m
596- 3 Bed
- 2 Bath
- 1092 sft
474 Grant St, Penrose, CO, 81240
$ 295,500
ROI
27.1Cash Flow/m
607- 3 Bed
- 2 Bath
- - sft
828 3rd St, Penrose, CO, 81240
Why Invest in Penrose, Colorado?
Investing in Penrose, CO, under $500k offers a unique opportunity to tap into a growing market with favorable rental yields. The area's serene environment is increasingly attracting renters seeking affordable housing while enjoying the benefits of a small-town lifestyle. With recent appreciation trends and a strong community vibe, it's an ideal time to consider investing here.
8%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Penrose is approximately $1,200 per month, making it attractive for both renters and investors looking to capitalize on the market.
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