Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Morris, IL
Listed for sale 1 day ago
$ 249,000
ROI
22.5
Cash Flow/m
193- 3 Bed
- 2 Bath
- 1672 sft
1280 Alicia Dr, Morris, IL, 60450
Listed for sale 2 days ago
$ 229,900
ROI
24.8Cash Flow/m
325- 3 Bed
- 2 Bath
- 1344 sft
1224 Grant St, Morris, IL, 60450
Listed for sale 2 days ago
$ 272,250
ROI
25.2Cash Flow/m
411- 2 Bed
- 2 Bath
- 1280 sft
310 Carriage Dr, Morris, IL, 60450
Listed for sale 4 days ago
$ 194,500
ROI
34.7Cash Flow/m
811- 4 Bed
- 2 Bath
- - sft
530 E Main St, Morris, IL, 60450
Why Invest in Morris, Illinois?
Investing in Morris, IL offers opportunities to purchase properties under $300k, making it an attractive option for budget-conscious investors. The city's economy benefits from local industries and has seen steady rental demand, contributing to reliable cash flow. With an average rental yield of 6.2% and a cap rate around 8.5%, Morris presents solid investment potential in the real estate market.
12%
Avg. ROI
6.2%
Rental Yield
8.5%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Morris, IL is approximately $1,200 per month, making it an affordable option for renters compared to larger cities.
Find Your Perfect Investment Property in Morris, Illinois
Explore investment opportunities by strategy, performance, or property type
