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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 2 days ago
$ 269,900
ROI
20.4
Cash Flow/m
48- 3 Bed
- 3 Bath
- 1360 sft
815 Kiersted St, Morris, IL, 60450
Listed for sale 6 days ago
$ 169,000
ROI
22.0Cash Flow/m
104- 3 Bed
- 1 Bath
- 1614 sft
911 E Washington St, Morris, IL, 60450
Listed for sale 6 days ago
$ 199,900
ROI
23.1Cash Flow/m
184- 3 Bed
- 2 Bath
- 876 sft
816 2nd Ave, Morris, IL, 60450
Listed for sale 6 days ago
$ 217,000
ROI
30.6Cash Flow/m
655- 4 Bed
- 1 Bath
- 1530 sft
1301 Union 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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