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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 5 days ago
$ 275,000
ROI
31.6
Cash Flow/m
905- 3 Bed
- 2 Bath
- 1280 sft
561 County Road 132, Penrose, CO, 81240
$ 235,000
ROI
25.5Cash Flow/m
373- 2 Bed
- 1 Bath
- 1116 sft
1574 4th St, Penrose, CO, 81240
$ 249,900
ROI
24.7Cash Flow/m
344- 2 Bed
- 1 Bath
- 768 sft
313 Grant St, Penrose, CO, 81240
$ 285,000
ROI
27.2Cash Flow/m
587- 3 Bed
- 2 Bath
- 1092 sft
474 Grant 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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