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 307 E South St, Morrison, IL
$ 195,000
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign447
  • 4 Bed
  • 2 Bath
  • 2017 sft
307 E South St, Morrison, IL, 61270
Property at 523 Barden St, Morrison, IL
$ 193,500
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign209
  • 4 Bed
  • 2 Bath
  • 1390 sft
523 Barden St, Morrison, IL, 61270
Property at 106 Prospect St, Morrison, IL
$ 259,999
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign327
  • 3 Bed
  • 2 Bath
  • 1857 sft
106 Prospect St, Morrison, IL, 61270
Property at 17331 Hillside Rd, Morrison, IL
Rental Income
$ 384,900
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign324
  • 5 Bed
  • 3 Bath
  • 3318 sft
17331 Hillside Rd, 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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