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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 1 day ago
$ 249,000
ROI
22.5
Cash Flow/m
193- 3 Bed
- 2 Bath
- 1672 sft
1280 Alicia Dr, Morris, IL, 60450
Listed for sale 2 days ago
$ 229,900
ROI
24.8Cash Flow/m
325- 3 Bed
- 2 Bath
- 1344 sft
1224 Grant St, Morris, IL, 60450
Listed for sale 2 days ago
$ 272,250
ROI
25.2Cash Flow/m
411- 2 Bed
- 2 Bath
- 1280 sft
310 Carriage Dr, Morris, IL, 60450
Listed for sale 4 days ago
$ 194,500
ROI
34.7Cash Flow/m
811- 4 Bed
- 2 Bath
- - sft
530 E Main 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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