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 2 days ago
$ 269,900
ROI
20.4
Cash Flow/m
48- 3 Bed
- 3 Bath
- 1360 sft
815 Kiersted St, Morris, IL, 60450
Listed for sale 6 days ago
$ 169,000
ROI
22.0Cash 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 6 days ago
$ 217,000
ROI
30.6Cash Flow/m
655- 4 Bed
- 1 Bath
- 1530 sft
1301 Union 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
