Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Penrose, CO
Fix & Flip
Listed for sale 1 day ago
$ 271,450
ROI
31.1
Cash Flow/m
860- 3 Bed
- 2 Bath
- 1976 sft
2106 County Road 95, Penrose, CO, 81226
$ 299,900
ROI
33.3Cash Flow/m
1131- 3 Bed
- 2 Bath
- 1658 sft
1566 R St, Penrose, CO, 81240
$ 269,900
ROI
34.5Cash Flow/m
1108- 3 Bed
- 2 Bath
- 1512 sft
685 7th St, Penrose, CO, 81240
$ 285,000
ROI
28.4Cash Flow/m
686- 2 Bed
- 2 Bath
- 1520 sft
73 8th Ave, 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.
Find Your Perfect Investment Property in Penrose, Colorado
Explore investment opportunities by strategy, performance, or property type
