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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
$ 152,900
ROI
23.5Cash Flow/m
160- 4 Bed
- 2 Bath
- 2628 sft
301 Ash Ave, Morrison, IL, 61270
Why Invest in Morrison, Illinois?
Investing in Morrison, IL presents a unique opportunity, especially with property prices under $300k. This area offers an average rental yield of 7.5%, making it an attractive option for cash flow-focused investors. With increasing job stability and low vacancy rates, Morrison is poised for growth within the next few years.
6%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Morrison, you can find single-family homes, townhouses, and some duplexes available for under $300k. These properties typically offer good rental potential due to the area's growing demand.
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