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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 6 days ago
$ 440,000
ROI
23.0
Cash Flow/m
399- 4 Bed
- 3 Bath
- 1998 sft
41050 N US Hwy 60 --, Morristown, AZ, 85342
$ 205,000
ROI
23.2Cash Flow/m
194- 1 Bed
- 1 Bath
- 695 sft
41238 N 260TH Avenue, Morristown, AZ, 85342
$ 289,000
ROI
22.6Cash Flow/m
228- 3 Bed
- 2 Bath
- 1344 sft
511 W Claessens Dr, Morristown, AZ, 85342
$ 290,000
ROI
23.8Cash Flow/m
328- 3 Bed
- 2 Bath
- 1171 sft
200 Gompers Cir, 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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