Under $300K Investment Properties for Sale in Morristown, IN

Property at 203 N Washington St, Morristown, IN
$ 175,000
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign351
  • 2 Bed
  • 1 Bath
  • 2024 sft
203 N Washington St, Morristown, IN, 46161
Property at 428 E Main St, Morristown, IN
Fix & Flip
$ 180,000
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign361
  • 4 Bed
  • 2 Bath
  • 2788 sft
428 E Main St, Morristown, IN, 46161
Property at 7077 E Mulberry St, Morristown, IN
$ 169,900
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign281
  • 4 Bed
  • 2 Bath
  • 1950 sft
7077 E Mulberry St, Morristown, IN, 46161
Property at 6334 N 1000 W, Morristown, IN
$ 300,000
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign290
  • 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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