Investment Properties Under $500K in Morrison, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Morrison, IL

Property at 622 W Lincolnway Rd, Morrison, IL
Listed for sale 4 days ago
$ 159,900
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign203
  • 2 Bed
  • 1 Bath
  • 1244 sft
622 W Lincolnway Rd, Morrison, IL, 61270
Property at 300 W Main St, Morrison, IL
$ 139,900
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign167
  • 4 Bed
  • 3 Bath
  • - sft
300 W Main St, Morrison, IL, 61270
Property at 509 S Madison St, Morrison, IL
$ 149,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign102
  • 3 Bed
  • 2 Bath
  • 3120 sft
509 S Madison St, Morrison, IL, 61270
Property at 311 N Jackson St #B, Morrison, IL
$ 279,900
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign336
  • 3 Bed
  • 3 Bath
  • 1720 sft
311 N Jackson St #B, Morrison, IL, 61270

Why Invest in Morrison, Illinois?

Investing in Morrison, Illinois offers a great opportunity for those looking for properties under $500k. The town has seen consistent rental demand and a stable appreciation rate, making it an attractive choice for investors. With a reasonable renter-occupied rate, you can expect reliable cash flow and decent returns on your investment.

7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental rate in Morrison is around $1,200 per month, which has been steadily increasing. This reflects the strong demand for rental properties in the area.

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