Real Estate Investment Properties for Sale in Penrose, CO

Looking for investment property in Penrose, CO with high ROI ?

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.

Single Family Homes for Sale in Penrose, CO

Search for Single Family Residential for Sale in Penrose, Colorado. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 44 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
325 5th Street Penrose, CO Wonderful 3 Bedroom, 2 Bath Manufactured Home on 4.88 Acres - Custom Woodwork, Solar, and ...	3 beds \| 2 baths \| 1,216 sq.ft.	$329,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 5.16% Airbnb Rental Income: $498 Traditional Rental Income: $2086 Airbnb ROI: -0.85% Traditional ROI: 5.16%
550 4th St Penrose, CO Welcome to this well-maintained manufactured home set on a spacious one-acre lot in Penros...	3 beds \| 2 baths \| 1,344 sq.ft.	$269,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 7.06% Airbnb Rental Income: $498 Traditional Rental Income: $2237 Airbnb ROI: -0.84% Traditional ROI: 7.06%
18530 Highway 115 Penrose, CO Beaver Creek Ranch is a stunning 108-Acres with an Adobe-Style Home, Arena, Barn & More! T...	3 beds \| 3 baths \| 2,915 sq.ft.	$1,300,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 1.45% Airbnb Rental Income: $498 Traditional Rental Income: $3368 Airbnb ROI: -1.15% Traditional ROI: 1.45%
1747 16th St Penrose, CO Welcome home to this beautifully updated stucco ranch-style property situated on 10 peacef...	3 beds \| 2 baths \| 1,794 sq.ft.	$519,999	Airbnb cash on cash: -1.1% Traditional cash on cash: 3.7% Airbnb Rental Income: $498 Traditional Rental Income: $2560 Airbnb ROI: -1.1% Traditional ROI: 3.7%
1290 B St Penrose, CO Amazing 2000 + SF, 3 bedroom, 2 full bathroom home on nearly 10 Acre Parcel with amazing v...	2 beds \| 2 baths \| 2,040 sq.ft.	$365,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 1.95% Airbnb Rental Income: $812 Traditional Rental Income: $1278 Airbnb ROI: -0.36% Traditional ROI: 1.95%
490 A St Penrose, CO LOTS OF SPACE SITTING ON 10 ACRES. A LARGE SHOP AND OUTBUILDINGS PERFECT FOR ALL YOUR HOBB...	3 beds \| 1 baths \| 960 sq.ft.	$350,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 3.93% Airbnb Rental Income: $498 Traditional Rental Income: $1834 Airbnb ROI: -0.96% Traditional ROI: 3.93%
445 G St Penrose, CO Welcome to one of the best-designed five-acre horse properties in Penrose! Pull in through...	3 beds \| 3 baths \| 2,175 sq.ft.	$719,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 3.32% Airbnb Rental Income: $498 Traditional Rental Income: $3238 Airbnb ROI: -1.18% Traditional ROI: 3.32%
1400 K St Penrose, CO Updated Brick Ranch on 4.7 Irrigated Acres with Horse Barn with adjacent 4.7 acre irrigate...	3 beds \| 2 baths \| 2,950 sq.ft.	$635,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 2.8% Airbnb Rental Income: $498 Traditional Rental Income: $2508 Airbnb ROI: -1.05% Traditional ROI: 2.8%
340 12th St Penrose, CO Experience the best of country living just minutes from town. Perfectly situated between C...	3 beds \| 2 baths \| 1,568 sq.ft.	$475,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 3.8% Airbnb Rental Income: $498 Traditional Rental Income: $2355 Airbnb ROI: -0.99% Traditional ROI: 3.8%
86 K St Penrose, CO Exceptional 4 bedroom, 3-bathroom custom log home on 28.4 acres! Surrounded by wide-open s...	4 beds \| 3 baths \| 4,110 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.23% Airbnb Rental Income: $null Traditional Rental Income: $3702 Airbnb ROI: N/A Traditional ROI: 3.23%
855 5th St Penrose, CO Welcome to your Colorado dream home, a stunning 4-bedroom, 2-bath residence in Penrose tha...	4 beds \| 2 baths \| 4,999 sq.ft.	$660,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $2772 Airbnb ROI: N/A Traditional ROI: 3.01%
895 B St Penrose, CO Discover a slice of paradise tailor-made for horse enthusiasts. Nestled on an expansive 10...	3 beds \| 2 baths \| 1,440 sq.ft.	$575,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.4% Airbnb Rental Income: $498 Traditional Rental Income: $2023 Airbnb ROI: -0.94% Traditional ROI: 2.4%
116 Top Notch Trail Penrose, CO Surrounded by mountain views and open skies, this well-maintained ranch-style home offers ...	3 beds \| 2 baths \| 2,058 sq.ft.	$554,900	Airbnb cash on cash: -1.12% Traditional cash on cash: 2.9% Airbnb Rental Income: $498 Traditional Rental Income: $2307 Airbnb ROI: -1.12% Traditional ROI: 2.9%
1144 4th St Penrose, CO Welcome to your new horse property with room for many animals! This well-maintained 3-bedr...	3 beds \| 2 baths \| 1,224 sq.ft.	$389,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 4.64% Airbnb Rental Income: $498 Traditional Rental Income: $2304 Airbnb ROI: -1.06% Traditional ROI: 4.64%
8200 County Road 132 Penrose, CO Situated on over 73 acres across two parcels, this exceptional Colorado ranch property off...	2 beds \| 2 baths \| 1,264 sq.ft.	$775,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 1.56% Airbnb Rental Income: $812 Traditional Rental Income: $2147 Airbnb ROI: -0.73% Traditional ROI: 1.56%
855 Marilyn Dr Penrose, CO If you're searching for horse property in Penrose, Colorado with acreage, barn, and usable...	4 beds \| 3 baths \| 2,952 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $3798 Airbnb ROI: N/A Traditional ROI: 6.03%
205 Illinois St Penrose, CO Discover this beautifully renovated home in the heart of Penrose, perfect for first-time h...	3 beds \| 2 baths \| 1,216 sq.ft.	$160,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 11.54% Airbnb Rental Income: $498 Traditional Rental Income: $2060 Airbnb ROI: -0.46% Traditional ROI: 11.54%
1780 14th St Penrose, CO Full renovation in progress, around 90% complete! Complete renovation includes new windows...	4 beds \| 2 baths \| 1,440 sq.ft.	$288,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.04% Airbnb Rental Income: $null Traditional Rental Income: $2309 Airbnb ROI: N/A Traditional ROI: 7.04%
1115 M St Penrose, CO A truly one of kind property, that is in a class of its own. Custom sprawling rancher with...	3 beds \| 3 baths \| 2,218 sq.ft.	$1,095,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 1.85% Airbnb Rental Income: $498 Traditional Rental Income: $3157 Airbnb ROI: -1.03% Traditional ROI: 1.85%
1675 M St Penrose, CO Welcome home to this magnificent horse property situated on 10 acres with irrigation. This...	5 beds \| 3 baths \| 3,870 sq.ft.	$990,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $3845 Airbnb ROI: N/A Traditional ROI: 2.81%
611 Q Street Penrose, CO Welcome to 611 Q St, Penrose, CO 81240 - a rare 20-acre retreat with unmatched versatility...	3 beds \| 4 baths \| 2,482 sq.ft.	$650,000	Airbnb cash on cash: -1% Traditional cash on cash: 4.49% Airbnb Rental Income: $498 Traditional Rental Income: $3555 Airbnb ROI: -1% Traditional ROI: 4.49%
358 Illinois St Penrose, CO newly updated one level living with paid off solar...A MUST SEE TO APPRECIATE...large prim...	3 beds \| 2 baths \| 1,086 sq.ft.	$314,900	Airbnb cash on cash: -1.04% Traditional cash on cash: 4.54% Airbnb Rental Income: $498 Traditional Rental Income: $1880 Airbnb ROI: -1.04% Traditional ROI: 4.54%
507 Van Egmond Dr Penrose, CO Rancho Cielo-Where the Colorado Sky Meets the Soul of the Southwest - Some homes offer acr...	5 beds \| 4 baths \| 4,184 sq.ft.	$870,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $3959 Airbnb ROI: N/A Traditional ROI: 3.42%
117 Hawkins St Penrose, CO 117 Hawkins St, Penrose, CO 81240 \| Single Family Residential	3 beds \| 2 baths \| 1,504 sq.ft.	$357,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 4.39% Airbnb Rental Income: $498 Traditional Rental Income: $2071 Airbnb ROI: -1.11% Traditional ROI: 4.39%
1000 S St Penrose, CO Set on 9 acres in Penrose, this spacious 2-story home offers a rare blend of square footag...	4 beds \| 3 baths \| 3,445 sq.ft.	$645,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.72% Airbnb Rental Income: $null Traditional Rental Income: $4338 Airbnb ROI: N/A Traditional ROI: 5.72%
575 11th St Penrose, CO Horse property with nearly four acres, mountain views, and room for RVs, animals, and hobb...	3 beds \| 2 baths \| 1,524 sq.ft.	$495,000	Airbnb cash on cash: -1% Traditional cash on cash: 3.84% Airbnb Rental Income: $498 Traditional Rental Income: $2468 Airbnb ROI: -1% Traditional ROI: 3.84%
310 L St Penrose, CO Located in prestigious Apple Valley Estates, the top subdivision in Penrose, this beautifu...	4 beds \| 4 baths \| 4,697 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.37% Airbnb Rental Income: $null Traditional Rental Income: $4510 Airbnb ROI: N/A Traditional ROI: 5.37%
373 G St Penrose, CO Charming home in Penrose situated on a spacious 0.68-acre lot, offering privacy and room t...	3 beds \| 1 baths \| 1,523 sq.ft.	$325,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 6.03% Airbnb Rental Income: $498 Traditional Rental Income: $2353 Airbnb ROI: -0.93% Traditional ROI: 6.03%
474 Grant St Penrose, CO Charming 3-bedroom, 1.5-bath home in a desirable central Penrose location. Conveniently si...	3 beds \| 1 baths \| 1,092 sq.ft.	$275,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 6.52% Airbnb Rental Income: $498 Traditional Rental Income: $2135 Airbnb ROI: -0.84% Traditional ROI: 6.52%
835 3rd St Penrose, CO This charming three-bedroom, two-bath home, sits proudly on 1.15 sprawling acres and retai...	3 beds \| 2 baths \| 2,271 sq.ft.	$435,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 5.16% Airbnb Rental Income: $498 Traditional Rental Income: $2764 Airbnb ROI: -1.07% Traditional ROI: 5.16%
1110 Q Street Penrose, CO 1110 Q Street delivers a newer home, usable acreage, and infrastructure already in place f...	4 beds \| 2 baths \| 1,568 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $2360 Airbnb ROI: N/A Traditional ROI: 5.07%
776 S Broadway Penrose, CO Brand new construction on 4.94 acres in Penrose. This beautifully designed 3-bedroom, 2-ba...	3 beds \| 2 baths \| 1,329 sq.ft.	$415,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 4.1% Airbnb Rental Income: $498 Traditional Rental Income: $2217 Airbnb ROI: -1.02% Traditional ROI: 4.1%
561 County Road 132 Penrose, CO Set on 5 open acres in Penrose, this 3-bedroom, 2-bathroom manufactured home offers a soli...	3 beds \| 2 baths \| 1,280 sq.ft.	$275,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 5.94% Airbnb Rental Income: $498 Traditional Rental Income: $1992 Airbnb ROI: -0.87% Traditional ROI: 5.94%
73 8th Ave Penrose, CO 73 8th Ave, Penrose, CO 81240 \| Single Family Residential	2 beds \| 2 baths \| 1,520 sq.ft.	$285,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 5.04% Airbnb Rental Income: $812 Traditional Rental Income: $1851 Airbnb ROI: -0.04% Traditional ROI: 5.04%
570 Valley Dr Penrose, CO 570 Valley Dr, Penrose, CO 81240 \| Single Family Residential	4 beds \| 3 baths \| 3,250 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.97% Airbnb Rental Income: $null Traditional Rental Income: $2847 Airbnb ROI: N/A Traditional ROI: 1.97%
1335 Apple Ln Penrose, CO 1335 Apple Ln, Penrose, CO 81240 \| Single Family Residential	3 beds \| 2 baths \| 1,845 sq.ft.	$525,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 2.67% Airbnb Rental Income: $498 Traditional Rental Income: $2144 Airbnb ROI: -1.24% Traditional ROI: 2.67%
116 Top Notch Trl Penrose, CO 116 Top Notch Trl, Penrose, CO 81240 \| Single Family Residential	3 beds \| 2 baths \| 4,116 sq.ft.	$554,900	Airbnb cash on cash: -1.25% Traditional cash on cash: 2.07% Airbnb Rental Income: $498 Traditional Rental Income: $1947 Airbnb ROI: -1.25% Traditional ROI: 2.07%

Your search for investment property begins and ends here

Single Family Homes for Sale in Penrose, CO

325 5th Street

Penrose, CO

3 beds | 2 baths | 1,216 sq.ft.

$329,000

Airbnb cash on cash: -0.85%

Traditional cash on cash: 5.16%

Airbnb Rental Income: $498

Traditional Rental Income: $2086

Airbnb ROI: -0.85%

Traditional ROI: 5.16%

550 4th St

Penrose, CO

3 beds | 2 baths | 1,344 sq.ft.

$269,900

Airbnb cash on cash: -0.84%

Traditional cash on cash: 7.06%

Airbnb Rental Income: $498

Traditional Rental Income: $2237

Airbnb ROI: -0.84%

Traditional ROI: 7.06%

18530 Highway 115

Penrose, CO

3 beds | 3 baths | 2,915 sq.ft.

$1,300,000

Airbnb cash on cash: -1.15%

Traditional cash on cash: 1.45%

Airbnb Rental Income: $498

Traditional Rental Income: $3368

Airbnb ROI: -1.15%

Traditional ROI: 1.45%

1747 16th St

Penrose, CO

3 beds | 2 baths | 1,794 sq.ft.

$519,999

Airbnb cash on cash: -1.1%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $498

Traditional Rental Income: $2560

Airbnb ROI: -1.1%

Traditional ROI: 3.7%

1290 B St

Penrose, CO

2 beds | 2 baths | 2,040 sq.ft.

$365,000

Airbnb cash on cash: -0.36%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $812

Traditional Rental Income: $1278

Airbnb ROI: -0.36%

Traditional ROI: 1.95%

490 A St

Penrose, CO

3 beds | 1 baths | 960 sq.ft.

$350,000

Airbnb cash on cash: -0.96%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $498

Traditional Rental Income: $1834

Airbnb ROI: -0.96%

Traditional ROI: 3.93%

445 G St

Penrose, CO

3 beds | 3 baths | 2,175 sq.ft.

$719,000

Airbnb cash on cash: -1.18%

Traditional cash on cash: 3.32%

Airbnb Rental Income: $498

Traditional Rental Income: $3238

Airbnb ROI: -1.18%

Traditional ROI: 3.32%

1400 K St

Penrose, CO

3 beds | 2 baths | 2,950 sq.ft.

$635,000

Airbnb cash on cash: -1.05%

Traditional cash on cash: 2.8%

Airbnb Rental Income: $498

Traditional Rental Income: $2508

Airbnb ROI: -1.05%