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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Morrison, IL
$ 195,000
ROI
28.0
Cash Flow/m
447- 4 Bed
- 2 Bath
- 2017 sft
307 E South St, Morrison, IL, 61270
$ 193,500
ROI
23.6Cash Flow/m
209- 4 Bed
- 2 Bath
- 1390 sft
523 Barden St, Morrison, IL, 61270
$ 259,999
ROI
24.3Cash Flow/m
327- 3 Bed
- 2 Bath
- 1857 sft
106 Prospect St, Morrison, IL, 61270
Rental Income
$ 384,900
ROI
22.8Cash Flow/m
324- 5 Bed
- 3 Bath
- 3318 sft
17331 Hillside Rd, Morrison, IL, 61270
Why Invest in Morrison, Illinois?
Investing in Illinois can offer diverse opportunities, particularly in regions like Morrison where affordable properties abound. With an average rental yield of 6.5%, it provides a steady return on investment for rental properties, while the growing job market enhances income potential.
12%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Morrison, IL, offers an attractive average rental yield of approximately 6.5%, making it an appealing option for investors.
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