Real Estate Investments for Sale in Penrose, CO With High ROI

Are you looking for a vacation rental in Penrose, CO? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

Explore a variety of short-term homes & houses in Penrose, CO. Invest wisely with VRBO & Penrose, CO Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Penrose, CO

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
112 Garden Drive Penrose, CO Bring all of your animals, RVs and toys to this I acre property. Turkeys, wild birds, rab...	2 beds \| 2 baths \| 952 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.39% Airbnb Rental Income: $null Traditional Rental Income: $2083 Airbnb ROI: N/A Traditional ROI: 7.39%
1388 M Street Penrose, CO Newly remodeled home on just over 13 spacious acres! This 3 bed 2 bath home is bright, ope...	3 beds \| 2 baths \| 1,896 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.23% Airbnb Rental Income: $null Traditional Rental Income: $2338 Airbnb ROI: N/A Traditional ROI: 4.23%
340 12th Street Penrose, CO 10 Acres are fenced with metal poles and wire. Large paved parking area next to home and g...	3 beds \| 2 baths \| 1,568 sq.ft.	$466,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.78% Airbnb Rental Income: $null Traditional Rental Income: $2305 Airbnb ROI: N/A Traditional ROI: 3.78%
414 4th Street Penrose, CO Older, SW mob. Holly Park 1972. Currently VACANT and ready to show. Will need NOTICE...	2 beds \| 1 baths \| 868 sq.ft.	$279,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.4% Airbnb Rental Income: $null Traditional Rental Income: $1550 Airbnb ROI: N/A Traditional ROI: 4.4%
369 G Street Penrose, CO Come check out this four bedroom rancher that sits on just over half an acre. The home has...	4 beds \| 2 baths \| 1,440 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.73% Airbnb Rental Income: $null Traditional Rental Income: $2505 Airbnb ROI: N/A Traditional ROI: 5.73%
780 Illinois Street Penrose, CO Welcome home to this 3 bedroom 2 bathroom mobile home located in Penrose Colorado! This ho...	3 beds \| 2 baths \| 1,056 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.03% Airbnb Rental Income: $null Traditional Rental Income: $2185 Airbnb ROI: N/A Traditional ROI: 9.03%
405 Hawkins Street Penrose, CO Welcome home! This large 4 bed, 2 bath home is move in ready. Open concept living, dining ...	4 beds \| 2 baths \| 1,632 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.54% Airbnb Rental Income: $null Traditional Rental Income: $2442 Airbnb ROI: N/A Traditional ROI: 6.54%
1463 M Street Penrose, CO COMMERCIAL / RESIDENTIAL. Multi use site and a great location right off HWY 50 with lots o...	1 beds \| 1 baths \| 1,530 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.01% Airbnb Rental Income: $null Traditional Rental Income: $1431 Airbnb ROI: N/A Traditional ROI: 1.01%
3325 CR 132 Penrose, CO Welcome to this prime and rare opportunity to own 117 acres of land with everything ranch ...	2 beds \| 1 baths \| 1,142 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.49% Airbnb Rental Income: $null Traditional Rental Income: $1536 Airbnb ROI: N/A Traditional ROI: 1.49%
116 Top Notch Trail Penrose, CO Nestled on a generous 2.84-acre plot in Penrose, this captivating ranch-style home offers ...	3 beds \| 2 baths \| 2,058 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.18% Airbnb Rental Income: $null Traditional Rental Income: $2357 Airbnb ROI: N/A Traditional ROI: 3.18%
720 B St Penrose, CO This home on close to 5 irrigated acres is now available. Lose the electric bill and enjoy...	3 beds \| 1 baths \| 1,140 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $1742 Airbnb ROI: N/A Traditional ROI: 3.57%
8200 CR 132 Penrose, CO One of a kind opportunity to own 2 adjoining 35+ acre parcels, one has a sweet Colonial Ra...	2 beds \| 2 baths \| 1,264 sq.ft.	$775,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.91% Airbnb Rental Income: $null Traditional Rental Income: $2279 Airbnb ROI: N/A Traditional ROI: 1.91%
485 Grazing Bit Trail Penrose, CO Tucked into the rolling foothills with dramatic mountain backdrops, this tranquil 40-acre ...	2 beds \| 2 baths \| 1,296 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $2138 Airbnb ROI: N/A Traditional ROI: 4.35%
1202 S Street Penrose, CO Many opportunities with this irrigated property. Has 2 stick built homes with 2 car garage...	2 beds \| 1 baths \| 952 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.59% Airbnb Rental Income: $null Traditional Rental Income: $1574 Airbnb ROI: N/A Traditional ROI: 1.59%
1700 R St Penrose, CO Introducing an incredible 2021 built home, boasting 2,160 square feet of living space. Th...	4 beds \| 2 baths \| 2,160 sq.ft.	$527,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $2505 Airbnb ROI: N/A Traditional ROI: 3.67%
1700 "R" St Penrose, CO Introducing an incredible 2021 built home, boasting 2,160 square feet of living space. Th...	4 beds \| 2 baths \| 2,160 sq.ft.	$527,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.73% Airbnb Rental Income: $null Traditional Rental Income: $2539 Airbnb ROI: N/A Traditional ROI: 3.73%
650 4th St Penrose, CO Don't miss out on this well maintain home located in Penrose right off HWY 115. This 3 bed...	3 beds \| 2 baths \| 1,432 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.47% Airbnb Rental Income: $null Traditional Rental Income: $2271 Airbnb ROI: N/A Traditional ROI: 10.47%
15560 Hwy 115 Penrose, CO Unique property with endless possibilities. Large home on over 8 acres with huge shop, an...	4 beds \| 4 baths \| 2,084 sq.ft.	$935,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.1% Airbnb Rental Income: $null Traditional Rental Income: $3235 Airbnb ROI: N/A Traditional ROI: 2.1%
1420 3rd Street Penrose, CO Nestled in picturesque Penrose, CO, this breathtaking 5-bedroom, 3-bath brick home sits ma...	5 beds \| 3 baths \| 2,816 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $3016 Airbnb ROI: N/A Traditional ROI: 4.55%
1420 3rd St Penrose, CO Nestled in picturesque Penrose, CO, this breathtaking 5-bedroom, 3-bath brick home sits ma...	5 beds \| 3 baths \| 1,408 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $2887 Airbnb ROI: N/A Traditional ROI: 4.08%
530 Illinois Street Penrose, CO Located across from Penrose Park and close to downtown and school. This home is a work-in...	3 beds \| 2 baths \| 1,344 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.97% Airbnb Rental Income: $null Traditional Rental Income: $2269 Airbnb ROI: N/A Traditional ROI: 11.97%
106 Hawkins St Penrose, CO Do not miss this lovely 3 bedroom, 1 bath 1964 ranch home, on a large .32 acre lot, fully ...	3 beds \| 1 baths \| 1,008 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.23% Airbnb Rental Income: $null Traditional Rental Income: $1833 Airbnb ROI: N/A Traditional ROI: 5.23%
265 7th Street Penrose, CO Just imagine coming home to this beautifully remodeled 3-bedroom, 1-bathroom home, located...	3 beds \| 1 baths \| 1,160 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $1741 Airbnb ROI: N/A Traditional ROI: 3.57%

Real Estate investment in Penrose, CO

There are 23 properties for sale in the city of Penrose . The median list price in Penrose is $435,000 and the average price per square foot is $291. In April 2024, the average monthly cash on cash return in Penrose is 4.00%. The average monthly rental income in Penrose is $2,271.

Penrose, CO Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 23 investment properties available for sale in Penrose.

The ROI for Short-Term is higher than the Long-Term in Penrose with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Penrose, CO

112 Garden Drive

Penrose, CO

2 beds | 2 baths | 952 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.39%

Airbnb Rental Income: $null

Traditional Rental Income: $2083

Airbnb ROI: N/A

Traditional ROI: 7.39%

1388 M Street

Penrose, CO

3 beds | 2 baths | 1,896 sq.ft.

$435,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2338

Airbnb ROI: N/A

Traditional ROI: 4.23%

340 12th Street

Penrose, CO

3 beds | 2 baths | 1,568 sq.ft.

$466,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2305

Airbnb ROI: N/A

Traditional ROI: 3.78%

414 4th Street

Penrose, CO

2 beds | 1 baths | 868 sq.ft.

$279,500

Airbnb cash on cash: N/A

Traditional cash on cash: 4.4%

Airbnb Rental Income: $null

Traditional Rental Income: $1550

Airbnb ROI: N/A

Traditional ROI: 4.4%

369 G Street

Penrose, CO

4 beds | 2 baths | 1,440 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2505

Airbnb ROI: N/A

Traditional ROI: 5.73%

780 Illinois Street

Penrose, CO

3 beds | 2 baths | 1,056 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2185

Airbnb ROI: N/A

Traditional ROI: 9.03%

405 Hawkins Street

Penrose, CO

4 beds | 2 baths | 1,632 sq.ft.

$319,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.54%

Airbnb Rental Income: $null

Traditional Rental Income: $2442

Airbnb ROI: N/A

Traditional ROI: 6.54%

1463 M Street

Penrose, CO

1 beds | 1 baths | 1,530 sq.ft.

$529,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.01%

Airbnb Rental Income: $null

Traditional Rental Income: $1431

Airbnb ROI: N/A