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

Property at 204 Towne St, Morrison, IL
$ 159,900
ROI
29.3ROI percentage
Cash Flow/m
Dollar sign425
  • 2 Bed
  • 2 Bath
  • 1176 sft
204 Towne St, Morrison, IL, 61270
Property at 302 Towne St, Morrison, IL
$ 199,900
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign291
  • 3 Bed
  • 2 Bath
  • 1240 sft
302 Towne St, Morrison, IL, 61270
Property at 404 W Park St, Morrison, IL
$ 199,900
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign460
  • 4 Bed
  • 1 Bath
  • 2240 sft
404 W Park St, Morrison, IL, 61270
Property at 14810 Melinda Dr, Morrison, IL
$ 305,000
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign158
  • 3 Bed
  • 2 Bath
  • 2054 sft
14810 Melinda Dr, 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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