Investment Properties Under $200K in Morton, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Morton, IL

Property at 119 E Van Buren St, Morton, IL
$ 195,000
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign186
  • 3 Bed
  • 2 Bath
  • 1593 sft
119 E Van Buren St, Morton, IL, 61550
Property at 211 W Pershing St, Morton, IL
$ 199,900
ROI
30.1ROI percentage
Cash Flow/m
Dollar sign575
  • 3 Bed
  • 1 Bath
  • 1516 sft
211 W Pershing St, Morton, IL, 61550
Property at 22605 Veterans Rd, Morton, IL
$ 139,900
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign92
  • 2 Bed
  • 1 Bath
  • 870 sft
22605 Veterans Rd, Morton, IL, 61550
Property at 334 S Nelson Ave, Morton, IL
$ 164,900
ROI
23.7ROI percentage
Cash Flow/m
Dollar sign179
  • 2 Bed
  • 1 Bath
  • 916 sft
334 S Nelson Ave, Morton, IL, 61550

Why Invest in Morton, Illinois?

Investing in Morton, IL offers a prime opportunity for properties under $200k, given its strong rental market and community growth. With potential appreciation rates around 4% and an average rental yield of 6%, the local economy is supported by steady employment from local manufacturers and service industries. Rental demand remains robust, making it an attractive location for real estate investors.

10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average property prices in Morton, IL are typically around $200k or less, making it an affordable option for many investors.

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