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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Penrose, CO
Listed for sale 2 days ago
$ 429,500
ROI
23.9
Cash Flow/m
499- 3 Bed
- 2 Bath
- 1648 sft
1811 11th St, Penrose, CO, 81240
Listed for sale 2 days ago
$ 274,900
ROI
32.3Cash Flow/m
956- 3 Bed
- 2 Bath
- 1344 sft
550 4th St, Penrose, CO, 81240
Listed for sale 2 days ago
$ 385,000
ROI
24.1Cash Flow/m
469- 3 Bed
- 2 Bath
- 1713 sft
62 9th Ave, Penrose, CO, 81240
$ 325,000
ROI
20.9Cash Flow/m
99- 2 Bed
- 1 Bath
- 961 sft
603 K 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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