Under $300K 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 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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