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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Morton, IL
Listed for sale 6 days ago
$ 229,500
ROI
20.5
Cash Flow/m
49- 3 Bed
- 2 Bath
- 2134 sft
249 N Illinois Ave, Morton, IL, 61550
$ 195,000
ROI
23.2Cash Flow/m
186- 3 Bed
- 2 Bath
- 1593 sft
119 E Van Buren St, Morton, IL, 61550
$ 289,500
ROI
21.8Cash Flow/m
161- 3 Bed
- 2 Bath
- 1872 sft
129 Northshore Dr, Morton, IL, 61550
$ 479,900
ROI
24.0Cash Flow/m
573- 4 Bed
- 3 Bath
- 3188 sft
112 N Oklahoma Ave, Morton, IL, 61550
Why Invest in Morton, Illinois?
Investing in single-family homes in Morton, IL offers promising returns. With an average rental yield of 7% and a cap rate of 9.5%, investors can expect sound cash flow. The housing market is stable, reflected in the average rent of $1,200 per month.
8%
Avg. ROI
7%
Rental Yield
9.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for a single-family home in Morton, IL is approximately $1,200 per month. This figure can vary based on the specific location within the city.
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