Under $200K Investment Properties for Sale in Morristown, IN
$ 175,000
ROI
27.0
Cash Flow/m
351- 2 Bed
- 1 Bath
- 2024 sft
203 N Washington St, Morristown, IN, 46161
Fix & Flip
$ 180,000
ROI
27.0Cash Flow/m
361- 4 Bed
- 2 Bath
- 2788 sft
428 E Main St, Morristown, IN, 46161
$ 169,900
ROI
25.7Cash Flow/m
281- 4 Bed
- 2 Bath
- 1950 sft
7077 E Mulberry St, Morristown, IN, 46161
Fix & Flip
Airbnb Potential
$ 175,000
ROI
31.5Cash Flow/m
573- 1 Bed
- 2 Bath
- 1656 sft
5681 S 500 E, Morristown, IN, 46161
Why Invest in Morristown, Indiana?
Investors looking for affordable options should consider Morristown, IN, where properties under $200k are a viable opportunity. With a favorable rental yield and a growing job market, investing in this quaint town can provide substantial returns. Additionally, the average cash flow is promising for investors seeking steady income streams.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average home price in Morristown is currently around $180,000, making it an affordable market for first-time home buyers and investors.
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