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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
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
$ 139,900
ROI
24.0Cash Flow/m
167- 4 Bed
- 3 Bath
- - sft
300 W Main St, Morrison, IL, 61270
$ 149,000
ROI
22.2Cash Flow/m
102- 3 Bed
- 2 Bath
- 3120 sft
509 S Madison St, Morrison, IL, 61270
$ 279,900
ROI
24.1Cash Flow/m
336- 3 Bed
- 3 Bath
- 1720 sft
311 N Jackson St #B, 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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