Under $500K Investment Properties for Sale in Morristown, AZ
$ 310,000
ROI
33.3
Cash Flow/m
1168- 3 Bed
- 2 Bath
- 1282 sft
450 GUSKIN Road, Morristown, AZ, 85342
$ 499,000
ROI
20.1Cash Flow/m
50- 2 Bed
- 2 Bath
- 1192 sft
26331 W Rockaway Hills Drive, Morristown, AZ, 85342
Airbnb Potential
$ 295,000
ROI
23.0Cash Flow/m
264- 4 Bed
- 2 Bath
- 2062 sft
213 GOMPERS Circle, Morristown, AZ, 85342
$ 255,000
ROI
23.3Cash Flow/m
248- 3 Bed
- 2 Bath
- 1310 sft
512 W Claessens Drive, Morristown, AZ, 85342
Why Invest in Morristown, Arizona?
Investing under $500k in Morristown, AZ, presents an exciting opportunity. With an average rental yield of 6.5% and a stable cap rate of 7%, this area is ripe for growth. The region is seeing increasing demand for rental properties, making it an attractive option for both new and seasoned investors.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Morristown is approximately $1,500 per month, making it accessible for many renters in the area.
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