Under $200K Investment Properties for Sale in Morrison, IL
$ 159,900
ROI
29.3
Cash Flow/m
425- 2 Bed
- 2 Bath
- 1176 sft
204 Towne St, Morrison, IL, 61270
$ 199,900
ROI
25.0Cash Flow/m
291- 3 Bed
- 2 Bath
- 1240 sft
302 Towne St, Morrison, IL, 61270
$ 199,900
ROI
28.0Cash Flow/m
460- 4 Bed
- 1 Bath
- 2240 sft
404 W Park St, Morrison, IL, 61270
$ 194,000
ROI
27.0Cash Flow/m
388- 2 Bed
- 2 Bath
- 1500 sft
9896 Lincoln Rd, 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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