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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Morris, IL
$ 318,500
ROI
27.2
Cash Flow/m
656- 4 Bed
- 2 Bath
- 1836 sft
410 E Chapin St, Morris, IL, 60450
$ 295,000
ROI
30.6Cash Flow/m
893- 3 Bed
- 3 Bath
- 1716 sft
627 E Main St, Morris, IL, 60450
$ 245,000
ROI
23.0Cash Flow/m
221- 3 Bed
- 2 Bath
- 1208 sft
822 Douglas St, Morris, IL, 60450
$ 309,900
ROI
19.9Cash Flow/m
10- 4 Bed
- 3 Bath
- 1535 sft
756 Douglas St, Morris, IL, 60450
Why Invest in Morris, Illinois?
Investing in Morris, IL provides a unique opportunity to secure properties under $500,000 in a community poised for growth. With a favorable rental market, the potential for strong returns on investment is evident, particularly for those looking at long-term rental options. Benefit from competitive cap rates and a steadily appreciating real estate landscape.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Average property prices in Morris hover around $450,000, making it an affordable option for investors looking to enter the market.
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