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

Penrose, CO has a median modeled monthly cash flow of $-1,425 and a median cap rate of 1.9%, on a median sold price of $379,691. Prices changed +5.0% year over year.

What is the average cap rate in Penrose, CO?

The median cap rate across recently sold homes in Penrose, CO is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Penrose, CO?

The median sold price in Penrose, CO is $379,691 (about $242 per square foot).

Investing in Penrose, CO Real Estate

A data-driven snapshot of the Penrose, 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.

$379,691Median sold price

$242Median $/sqft

1.9%Median cap rate

$-1,425Modeled cash flow / mo

+5.0%Appreciation YoY

11.8Months of supply

65Active listings

66Sold (last 12 mo)

What the Penrose numbers say

In Penrose, CO, the median home sold for $379,691 (about $242 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,425 of monthly cash flow. Sold prices moved +5.0% over the past year. Inventory sits at about 11.8 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 Penrose cash-flowing listings

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