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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Morrison, IL
Listed for sale 4 days ago
$ 159,900
ROI
24.3
Cash Flow/m
203- 2 Bed
- 1 Bath
- 1244 sft
622 W Lincolnway Rd, Morrison, IL, 61270
$ 149,000
ROI
22.2Cash Flow/m
102- 3 Bed
- 2 Bath
- 3120 sft
509 S Madison St, Morrison, IL, 61270
$ 125,000
ROI
22.7Cash Flow/m
103- 2 Bed
- 1 Bath
- 1239 sft
501 E Main St, Morrison, IL, 61270
$ 125,000
ROI
23.7Cash Flow/m
138- 3 Bed
- 3 Bath
- 2005 sft
505 E Main St, Morrison, IL, 61270
Why Invest in Morrison, Illinois?
Investing in Morrison, Illinois offers great opportunities, particularly for single-family home purchases. With a current average rental yield of 6% and a cap rate around 8%, it’s an attractive market for investors seeking solid returns. The area's median income and steady job growth support continued demand for housing.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Morrison, IL is approximately $1,200 per month, which offers a solid opportunity for rental investments.
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