Under $200K Investment Properties for Sale in Morris, IL
Listed for sale 6 days ago
$ 193,000
ROI
30.6
Cash Flow/m
581- 3 Bed
- 1 Bath
- 960 sft
39 Lynwood Dr, Morris, IL, 60450
$ 169,900
ROI
24.1Cash Flow/m
207- 2 Bed
- 2 Bath
- 1601 sft
2500 Sycamore Dr APT 106, Morris, IL, 60450
Fix & Flip
$ 175,000
ROI
30.7Cash Flow/m
531- 2 Bed
- 1 Bath
- 1150 sft
727 E Jackson St, Morris, IL, 60450
Motivated Seller
$ 199,900
ROI
23.6Cash Flow/m
216- 4 Bed
- 2 Bath
- - sft
5450 Sand Ridge Rd, 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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