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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 5 days ago
$ 385,000
ROI
21.9
Cash Flow/m
230- 4 Bed
- 3 Bath
- 2271 sft
1540 Carol Anne Dr, Morris, IL, 60450
Motivated Seller
Listed for sale 7 days ago
$ 199,900
ROI
23.6Cash Flow/m
216- 4 Bed
- 2 Bath
- - sft
5450 Sand Ridge Rd, Morris, IL, 60450
$ 240,300
ROI
23.5Cash Flow/m
253- 3 Bed
- 1 Bath
- 960 sft
5445 Sand Ridge Rd, Morris, IL, 60450
$ 295,000
ROI
21.1Cash Flow/m
114- 5 Bed
- 2 Bath
- 1486 sft
315 Maple Dr, 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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