Investment Properties Under $300K in Morris, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Morris, IL

Property at 895 Pine Bluff Rd, Morris, IL
Listed for sale today
$ 220,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign261
  • 2 Bed
  • 1 Bath
  • 726 sft
895 Pine Bluff Rd, Morris, IL, 60450
Property at 515 E High St, Morris, IL
Listed for sale today
$ 258,500
ROI
30.6ROI percentage
Cash Flow/m
Dollar sign781
  • 4 Bed
  • 2 Bath
  • 2588 sft
515 E High St, Morris, IL, 60450
Property at 731 E Benton St, Morris, IL
Listed for sale today
$ 230,000
ROI
28.6ROI percentage
Cash Flow/m
Dollar sign565
  • 4 Bed
  • 2 Bath
  • 800 sft
731 E Benton St, Morris, IL, 60450
Property at 917 E Jefferson St, Morris, IL
Listed for sale 1 day ago
$ 258,500
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign127
  • 3 Bed
  • 2 Bath
  • 1100 sft
917 E Jefferson 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.

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