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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
Listed for sale 4 days ago
$ 395,000
ROI
25.8
Cash Flow/m
665- 2 Bed
- 2 Bath
- 1174 sft
40514 N 251ST Avenue, Morristown, AZ, 85342
$ 389,000
ROI
26.2Cash Flow/m
701- 3 Bed
- 2 Bath
- 1144 sft
40413 N 253RD Avenue, Morristown, AZ, 85342
$ 269,900
ROI
23.9Cash Flow/m
308- 3 Bed
- 2 Bath
- 1148 sft
356 PERETZ Circle, Morristown, AZ, 85342
$ 275,000
ROI
23.0Cash Flow/m
246- 3 Bed
- 2 Bath
- 1252 sft
455 W GREEN Road, 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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