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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Morristown, IN
$ 269,900
ROI
35.3
Cash Flow/m
1171- 3 Bed
- 3 Bath
- 2974 sft
313 E South St, Morristown, IN, 46161
$ 275,000
ROI
37.6Cash Flow/m
1368- 5 Bed
- 3 Bath
- 2894 sft
317 N Morrison 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
$ 300,000
ROI
23.2Cash Flow/m
290- 3 Bed
- 3 Bath
- 3600 sft
6334 N 1000 W, Morristown, IN, 46161
Why Invest in Morristown, Indiana?
Investing in Morristown under $300k offers a unique opportunity with a growing community and affordable housing options. As property values continue to appreciate, investors can expect favorable returns, especially in a market that supports rental properties and first-time buyers. The area boasts strong rental yields and reasonable cash flow that appeal to both seasoned and new investors alike.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Morristown is approximately $950 per month, making it an affordable option for renters.
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