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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Morris, IL
Listed for sale today
$ 220,000
ROI
24.0
Cash Flow/m
261- 2 Bed
- 1 Bath
- 726 sft
895 Pine Bluff Rd, Morris, IL, 60450
Listed for sale today
$ 258,500
ROI
30.6Cash Flow/m
781- 4 Bed
- 2 Bath
- 2588 sft
515 E High St, Morris, IL, 60450
Listed for sale today
$ 230,000
ROI
28.6Cash Flow/m
565- 4 Bed
- 2 Bath
- 800 sft
731 E Benton St, Morris, IL, 60450
Listed for sale 1 day ago
$ 258,500
ROI
21.5Cash Flow/m
127- 3 Bed
- 2 Bath
- 1100 sft
917 E Jefferson St, Morris, IL, 60450
Why Invest in Morris, Illinois?
Investing in Illinois presents a unique opportunity given its diverse economy and available investment properties. With a focus on properties under $200k, Morris can offer investors strong rental yields and a growing market. In addition, the state's historical appreciation rates make it a smart choice for both new and seasoned investors.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Morris, IL, is around $1,200, making it an attractive market for investors targeting affordable rental options.
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