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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Morris, IL
Listed for sale 6 days ago
$ 169,000
ROI
22.0
Cash 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 7 days ago
$ 176,400
ROI
26.6Cash Flow/m
336- 2 Bed
- 1 Bath
- 676 sft
1770 E North St, Morris, IL, 60450
$ 195,000
ROI
26.5Cash Flow/m
366- 2 Bed
- 1 Bath
- 958 sft
109 Doe Cir, Morris, IL, 60450
Why Invest in Morris, Illinois?
Investing in Morris, Illinois offers opportunities for affordable properties under $200k. With a growing rental market and increasing demand for housing, this area is poised for steady appreciation. Investors can expect a favorable cap rate and positive cash flow, making it an attractive option for portfolio diversification.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Morris is approximately $1,200 per month, making it an attractive option for both renters and investors.
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