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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 4 days ago
$ 194,500
ROI
34.7
Cash Flow/m
811- 4 Bed
- 2 Bath
- - sft
530 E Main St, Morris, IL, 60450

Listed for sale 7 days ago
$ 135,000
ROI
21.8
Cash Flow/m
77- 2 Bed
- 1 Bath
- 978 sft
812 E Benton St, Morris, IL, 60450

$ 182,000
ROI
25.6
Cash Flow/m
298- 2 Bed
- 1 Bath
- 934 sft
180 E State Route 6, Morris, IL, 60450

$ 195,000
ROI
20.4
Cash Flow/m
32- 2 Bed
- 2 Bath
- 1346 sft
100 Green Acres Dr APT 2, 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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