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

Elbert, CO has a median modeled monthly cash flow of $-3,212 and a median cap rate of 1.7%, on a median sold price of $597,500. Prices changed +0.0% year over year.

What is the average cap rate in Elbert, CO?

The median cap rate across recently sold homes in Elbert, CO is 1.7%, 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 $597,500 (about $254 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.

$597,500Median sold price

$254Median $/sqft

1.7%Median cap rate

$-3,212Modeled cash flow / mo

+0.0%Appreciation YoY

7.2Months of supply

37Active listings

62Sold (last 12 mo)

What the Elbert numbers say

In Elbert, CO, the median home sold for $597,500 (about $254 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-3,212 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 7.2 months of supply — a looser, buyer-friendly market. 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.