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
$ 160,000
ROI
26.8
Cash Flow/m
315- 3 Bed
- 2 Bath
- 1216 sft
205 Illinois St, Penrose, CO, 81240
$ 229,000
ROI
23.3Cash Flow/m
226- 3 Bed
- 2 Bath
- 1736 sft
704 Virginia Cir, Penrose, CO, 81240
$ 400,000
ROI
20.0Cash Flow/m
24- 3 Bed
- 3 Bath
- 2786 sft
220 D St, Penrose, CO, 81240
$ 369,000
ROI
21.4Cash Flow/m
169- 3 Bed
- 2 Bath
- 1340 sft
103 Illinois 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.
Find Your Perfect Investment Property in Penrose, Colorado
Explore investment opportunities by strategy, performance, or property type
