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.

Investment Property for Sale in Penrose, CO

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1054 8th St Penrose, CO ALMOST 5 ACRES WITH MULTIPLE OUT BUILDINGS AND LARGE BARN/GARAGE. 5 SHARES OF BEAVER CREEK...	3 beds \| 2 baths \| 1,300 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $2240 Airbnb ROI: N/A Traditional ROI: 5.64%
1492 M Penrose, CO	3 beds \| 3 baths \| 3,223 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $2707 Airbnb ROI: N/A Traditional ROI: 3.27%
106 Grant St Penrose, CO Welcome to your dream home on a corner lot! This beautifully updated residence features th...	3 beds \| 2 baths \| 1,740 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $2478 Airbnb ROI: N/A Traditional ROI: 5.27%
3520 County Rd 132 Penrose, CO What a gorgeous home at the end of the road on 35 acres in an incredibly scebice area with...	5 beds \| 5 baths \| 1,933 sq.ft.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.85% Airbnb Rental Income: $null Traditional Rental Income: $3973 Airbnb ROI: N/A Traditional ROI: 3.85%
1886 14th St Penrose, CO This Penrose home is a beautiful and spacious property with many desirable features, inclu...	5 beds \| 3 baths \| 1,194 sq.ft.	$510,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.98% Airbnb Rental Income: $null Traditional Rental Income: $2199 Airbnb ROI: N/A Traditional ROI: 2.98%
1183 2nd Street Penrose, CO Welcome to your new home in the heart of Penrose, CO, where small-town charm meets the stu...	3 beds \| 3 baths \| 3,261 sq.ft.	$1,200,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.12% Airbnb Rental Income: $null Traditional Rental Income: $2716 Airbnb ROI: N/A Traditional ROI: 1.12%
490 I Street Penrose, CO Charming Dual-Property on 10 Acres of Untouched Alfalfa Fields â Ready for Your Vision! ...	4 beds \| 1 baths \| 1,489 sq.ft.	$654,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.45% Airbnb Rental Income: $null Traditional Rental Income: $2350 Airbnb ROI: N/A Traditional ROI: 2.45%
2134 Tepley Trail Penrose, CO With 360-degree views of the surrounding mountain ranges and miles of open space, this ful...	4 beds \| 3 baths \| 3,168 sq.ft.	$800,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $3174 Airbnb ROI: N/A Traditional ROI: 2.88%
1194 Rimrock Terrace Penrose, CO Introducing an extraordinary mountain retreat, nestled on a sprawling 70-acres, offering u...	4 beds \| 5 baths \| 5,046 sq.ft.	$1,235,718	Airbnb cash on cash: N/A Traditional cash on cash: 2.78% Airbnb Rental Income: $null Traditional Rental Income: $4754 Airbnb ROI: N/A Traditional ROI: 2.78%
340 12th Street Penrose, CO What a perfect country property that isn't far from town at all. Nestled between CaÃ±on C...	3 beds \| 2 baths \| 1,568 sq.ft.	$399,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.7% Airbnb Rental Income: $null Traditional Rental Income: $2355 Airbnb ROI: N/A Traditional ROI: 4.7%
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 \| 4,116 sq.ft.	$519,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.16% Airbnb Rental Income: $null Traditional Rental Income: $2307 Airbnb ROI: N/A Traditional ROI: 3.16%
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.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.48% Airbnb Rental Income: $null Traditional Rental Income: $3218 Airbnb ROI: N/A Traditional ROI: 2.48%
408 Broadway Street Penrose, CO Well maintained Penrose home. 3 bed, 1 bath w/ laundry hookups. Extra room 12x7.5 near bac...	3 beds \| 1 baths \| 1,510 sq.ft.	$248,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.02% Airbnb Rental Income: $null Traditional Rental Income: $2282 Airbnb ROI: N/A Traditional ROI: 8.02%
508 Broadway Penrose, CO Welcome home to this updated 3 split bedroom design with 2 bathrooms and oversized 2 car d...	3 beds \| 2 baths \| 1,283 sq.ft.	$335,000	Airbnb cash on cash: 6.6% Traditional cash on cash: 5.35% Airbnb Rental Income: $3374 Traditional Rental Income: $2229 Airbnb ROI: 6.6% Traditional ROI: 5.35%
655 3rd Street Penrose, CO Spacious home on 1 acre, 3 bedrooms, 2 bath. Living room and Family room, plus an addition...	3 beds \| 2 baths \| 1,777 sq.ft.	$292,250	Airbnb cash on cash: N/A Traditional cash on cash: 7.15% Airbnb Rental Income: $null Traditional Rental Income: $2460 Airbnb ROI: N/A Traditional ROI: 7.15%
295 10th Street Penrose, CO The perfect home has just arrived! All remodeled turn key home. So much attention to detai...	3 beds \| 2 baths \| 1,953 sq.ft.	$514,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $2653 Airbnb ROI: N/A Traditional ROI: 4.11%
1287 3rd Street Penrose, CO This Luxurious custom estate has 5,161 square feet of living space! One owner stucco home ...	4 beds \| 4 baths \| 5,161 sq.ft.	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.3% Airbnb Rental Income: $null Traditional Rental Income: $3954 Airbnb ROI: N/A Traditional ROI: 1.3%
542 2nd Street Penrose, CO This property features a fenced lot with breathtaking views from the stone patio, where yo...	5 beds \| 3 baths \| 3,360 sq.ft.	$519,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.26% Airbnb Rental Income: $null Traditional Rental Income: $3260 Airbnb ROI: N/A Traditional ROI: 5.26%
350 3rd Street Penrose, CO Country living in this 2 bed, 1 and 1/2 bath single wide on 1 acre in Penrose. Paved 3rd S...	2 beds \| 2 baths \| 840 sq.ft.	$138,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.47% Airbnb Rental Income: $null Traditional Rental Income: $1621 Airbnb ROI: N/A Traditional ROI: 10.47%
1933 Top Notch Trail Penrose, CO Amazing property in Top Rail Ranch Estates! 5 bedrooms, 3 bath stucco w/ stone accents. Th...	5 beds \| 3 baths \| 4,340 sq.ft.	$810,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $3237 Airbnb ROI: N/A Traditional ROI: 2.81%
245 K Street Penrose, CO Incredible Horse Property for sale. Beautiful location with great home and outbuildings. ...	4 beds \| 2 baths \| 1,604 sq.ft.	$539,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $2440 Airbnb ROI: N/A Traditional ROI: 3.31%
359 8th Avenue Penrose, CO Price Reduced on this Newly Constructed Home on a corner lot in Penrose. Beautiful Open C...	3 beds \| 2 baths \| 1,500 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.08% Airbnb Rental Income: $null Traditional Rental Income: $2279 Airbnb ROI: N/A Traditional ROI: 5.08%
588 E Street Penrose, CO Welcome to your ideal country retreat! Nestled on a serene one-acre corner parcel along a ...	3 beds \| 2 baths \| 1,848 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $2489 Airbnb ROI: N/A Traditional ROI: 4.75%
414 4th Street Penrose, CO SW home Holly Palk 1972, Vacant, ready to show, and will still need notice to show. Grea...	2 beds \| 1 baths \| 860 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $1699 Airbnb ROI: N/A Traditional ROI: 5.07%
555 3rd Street Penrose, CO Come see this charming, recently remodeled 3-bedroom, 1-bathroom home located on a 4+ acre...	3 beds \| 1 baths \| 1,246 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $2194 Airbnb ROI: N/A Traditional ROI: 4.71%
1381 3rd Street Penrose, CO Discover this stunning 3,396 sq ft custom-built home in the heart of Penrose, overlooking ...	4 beds \| 3 baths \| 3,396 sq.ft.	$999,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.02% Airbnb Rental Income: $null Traditional Rental Income: $3191 Airbnb ROI: N/A Traditional ROI: 2.02%
445 G Street 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.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.16% Airbnb Rental Income: $null Traditional Rental Income: $3238 Airbnb ROI: N/A Traditional ROI: 3.16%
1833 10th Street Penrose, CO You will be amazed by the transformation this home has undergone! This a a flat sided log ...	4 beds \| 3 baths \| 3,082 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.37% Airbnb Rental Income: $null Traditional Rental Income: $3149 Airbnb ROI: N/A Traditional ROI: 4.37%
39 5th Street Penrose, CO Nestled on 20 picturesque acres in rural Penrose, this stunning 3175 SQFT hacienda-style r...	4 beds \| 2 baths \| 3,175 sq.ft.	$840,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.87% Airbnb Rental Income: $null Traditional Rental Income: $2590 Airbnb ROI: N/A Traditional ROI: 1.87%
855 5th Street Penrose, CO Welcome to your new oasis! This stunning 4bd 2bath home boasts a spacious loft with a uniq...	4 beds \| 2 baths \| 4,999 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.83% Airbnb Rental Income: $null Traditional Rental Income: $2772 Airbnb ROI: N/A Traditional ROI: 2.83%
1376 B Street Penrose, CO Glorious privacy and big sky mountain views cannot be beat here at this private 10-acre pa...	3 beds \| 2 baths \| 2,356 sq.ft.	$409,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.01% Airbnb Rental Income: $null Traditional Rental Income: $2887 Airbnb ROI: N/A Traditional ROI: 6.01%
459 Bowie Road Penrose, CO Looking for a phenomenal property? This one owner custom home offers it all! Stucco 4 bed,...	4 beds \| 3 baths \| 2,856 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.63% Airbnb Rental Income: $null Traditional Rental Income: $3192 Airbnb ROI: N/A Traditional ROI: 3.63%
1011 Barnes Lane Penrose, CO Discover the idyllic retreat of this sprawling 36.88-acre estate framed by the majestic Sa...	4 beds \| 2 baths \| 2,946 sq.ft.	$765,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.65% Airbnb Rental Income: $null Traditional Rental Income: $2918 Airbnb ROI: N/A Traditional ROI: 2.65%

Real Estate investment in Penrose, CO

There are 33 properties for sale in the city of Penrose . The median list price in Penrose is $519,900 and the average price per square foot is $216. In November 2024, the average monthly cash on cash return in Penrose is 4.00%. The average monthly rental income in Penrose is $2,540.

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

There are 33 investment properties available for sale in Penrose.

In 2024, the best neighborhood to buy investment property is 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

1054 8th St

Penrose, CO

3 beds | 2 baths | 1,300 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.64%

Airbnb Rental Income: $null

Traditional Rental Income: $2240

Airbnb ROI: N/A

Traditional ROI: 5.64%

1492 M

Penrose, CO

3 beds | 3 baths | 3,223 sq.ft.

$599,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.27%

Airbnb Rental Income: $null

Traditional Rental Income: $2707

Airbnb ROI: N/A

Traditional ROI: 3.27%

106 Grant St

Penrose, CO

3 beds | 2 baths | 1,740 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.27%

Airbnb Rental Income: $null

Traditional Rental Income: $2478

Airbnb ROI: N/A

Traditional ROI: 5.27%

3520 County Rd 132

Penrose, CO

5 beds | 5 baths | 1,933 sq.ft.

$825,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.85%

Airbnb Rental Income: $null

Traditional Rental Income: $3973

Airbnb ROI: N/A

Traditional ROI: 3.85%

1886 14th St

Penrose, CO

5 beds | 3 baths | 1,194 sq.ft.

$510,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.98%

Airbnb Rental Income: $null

Traditional Rental Income: $2199

Airbnb ROI: N/A

Traditional ROI: 2.98%

1183 2nd Street

Penrose, CO

3 beds | 3 baths | 3,261 sq.ft.

$1,200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.12%

Airbnb Rental Income: $null

Traditional Rental Income: $2716

Airbnb ROI: N/A

Traditional ROI: 1.12%

490 I Street

Penrose, CO

4 beds | 1 baths | 1,489 sq.ft.

$654,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.45%

Airbnb Rental Income: $null

Traditional Rental Income: $2350

Airbnb ROI: N/A

Traditional ROI: 2.45%

2134 Tepley Trail

Penrose, CO

4 beds | 3 baths | 3,168 sq.ft.

$800,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.88%

Airbnb Rental Income: $null

Traditional Rental Income: $3174

Airbnb ROI: N/A