Is Elbert, CO a good place to invest in rental property?

Elbert, CO has a median modeled monthly cash flow of $-2,322 and a median cap rate of 2.3%, on a median sold price of $487,000. Prices changed -1.5% year over year.

What is the average cap rate in Elbert, CO?

The median cap rate across recently sold homes in Elbert, CO is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elbert, CO?

The median sold price in Elbert, CO is $487,000 (about $264 per square foot).

Investing in Elbert, CO Real Estate

A data-driven snapshot of the Elbert, CO rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$487,000Median sold price

$264Median $/sqft

2.3%Median cap rate

$-2,322Modeled cash flow / mo

-1.5%Appreciation YoY

4.7Months of supply

14Active listings

36Sold (last 12 mo)

What the Elbert numbers say

In Elbert, CO, the median home sold for $487,000 (about $264 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-2,322 of monthly cash flow. Sold prices moved -1.5% over the past year. Inventory sits at about 4.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Colorado markets to compare

See Elbert cash-flowing listings

CashFlowRE ranks every for-sale home in Elbert, CO by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Elbert deals, or browse the national market data.