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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Morrison, IL
Listed for sale 6 days ago
$ 180,000
ROI
28.3
Cash Flow/m
428- 3 Bed
- 2 Bath
- 1541 sft
505 S Jackson St, Morrison, IL, 61270
$ 159,900
ROI
22.9Cash Flow/m
141- 2 Bed
- 2 Bath
- 1481 sft
418 E Wall St, Morrison, IL, 61270
$ 123,900
ROI
22.3Cash Flow/m
89- 4 Bed
- 2 Bath
- 1427 sft
102 E Winfield St, Morrison, IL, 61270
$ 140,000
ROI
23.0Cash Flow/m
127- 5 Bed
- 1 Bath
- 1416 sft
513 E Main St, Morrison, IL, 61270
Why Invest in Morrison, Illinois?
Investing in properties under $200k in Illinois can be a prudent choice for investors seeking affordable entry points. With a variety of neighborhoods offering solid rental yields and potential for appreciation, this market is ripe for those looking for cash flow opportunities. Investors can expect an average rental yield around 7%, making it feasible to generate positive cash flow with the right properties.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Illinois offer investors affordable entry points with potential for strong rental yields. Additionally, the state's economic growth and diverse job market can contribute to property value appreciation.
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