Investment Properties Under $500K in Morristown, AZ | 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 Morristown, AZ

Property at 25625 W Rockaway Hills Dr, Morristown, AZ
Listed for sale 1 day ago
$ 289,000
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign334
  • 2 Bed
  • 2 Bath
  • 1052 sft
25625 W Rockaway Hills Dr, Morristown, AZ, 85342
Property at 317 Peretz Cir, Morristown, AZ
Listed for sale 3 days ago
$ 244,900
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign207
  • 2 Bed
  • 2 Bath
  • 864 sft
317 Peretz Cir, Morristown, AZ, 85342
Property at 252 Debs Cir, Morristown, AZ
$ 225,000
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign215
  • 3 Bed
  • 2 Bath
  • 1180 sft
252 Debs Cir, Morristown, AZ, 85342
Property at 42710 W Highway 60, Morristown, AZ
$ 435,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign429
  • 1 Bed
  • 1 Bath
  • 458 sft
42710 W Highway 60, 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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