Under $500K Investment Properties for Sale in Morris, IL
Listed for sale 3 days ago
$ 339,900
ROI
23.8
Cash Flow/m
377- 3 Bed
- 2 Bath
- 1578 sft
1890 Anne Ln, Morris, IL, 60450
Listed for sale 3 days ago
$ 349,900
ROI
29.1Cash Flow/m
905- 4 Bed
- 3 Bath
- 2626 sft
310 E Jefferson St, Morris, IL, 60450
Listed for sale 6 days ago
$ 193,000
ROI
30.6Cash Flow/m
581- 3 Bed
- 1 Bath
- 960 sft
39 Lynwood Dr, Morris, IL, 60450
Listed for sale 7 days ago
$ 440,000
ROI
23.5Cash Flow/m
452- 3 Bed
- 3 Bath
- 2838 sft
1613 Locust Rd, 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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