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

Manitou Springs, CO has a median modeled monthly cash flow of $-2,128 and a median cap rate of 2.0%, on a median sold price of $545,000. Prices changed +2.4% year over year.

What is the average cap rate in Manitou Springs, CO?

The median cap rate across recently sold homes in Manitou Springs, CO is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Manitou Springs, CO?

The median sold price in Manitou Springs, CO is $545,000 (about $302 per square foot).

Investing in Manitou Springs, CO Real Estate

A data-driven snapshot of the Manitou Springs, 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.

$545,000Median sold price

$302Median $/sqft

2.0%Median cap rate

$-2,128Modeled cash flow / mo

+2.4%Appreciation YoY

10.5Months of supply

87Active listings

99Sold (last 12 mo)

What the Manitou Springs numbers say

In Manitou Springs, CO, the median home sold for $545,000 (about $302 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-2,128 of monthly cash flow. Sold prices moved +2.4% over the past year. Inventory sits at about 10.5 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 Manitou Springs cash-flowing listings

CashFlowRE ranks every for-sale home in Manitou Springs, 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 Manitou Springs deals, or browse the national market data.