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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi 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
$ 195,000
ROI
26.5Cash Flow/m
366- 2 Bed
- 1 Bath
- 958 sft
109 Doe Cir, Morris, IL, 60450
$ 250,000
ROI
21.5Cash Flow/m
121- 3 Bed
- 2 Bath
- - sft
1246 Wauponsee St, Morris, IL, 60450
$ 272,250
ROI
25.2Cash Flow/m
411- 2 Bed
- 2 Bath
- 1280 sft
310 Carriage Dr, Morris, IL, 60450
Why Invest in Morris, Illinois?
Investing in multifamily properties in Morris, IL offers an attractive opportunity for real estate investors. With an average rental yield of 7% and an annual appreciation rate of 4%, the potential for strong cash flow is evident. The local economy supports a growing rental market, making it a prime location for multifamily investments.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Morris offers strong rental yields and consistent appreciation, making it a favorable choice for real estate investors. The growing demand for rental units further enhances investment potential.
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