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

Penrose, CO has a median modeled monthly cash flow of $-1,567 and a median cap rate of 1.6%, on a median sold price of $374,900. Prices changed +7.2% year over year.

What is the average cap rate in Penrose, CO?

The median cap rate across recently sold homes in Penrose, CO is 1.6%, 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 $374,900 (about $246 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.

$374,900Median sold price

$246Median $/sqft

1.6%Median cap rate

$-1,567Modeled cash flow / mo

+7.2%Appreciation YoY

9.3Months of supply

58Active listings

75Sold (last 12 mo)

What the Penrose numbers say

In Penrose, CO, the median home sold for $374,900 (about $246 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-1,567 of monthly cash flow. Sold prices moved +7.2% over the past year. Inventory sits at about 9.3 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.