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 605 N Main St, Morton, IL
Listed for sale 2 days ago
$ 169,900
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign139
  • 2 Bed
  • 1 Bath
  • 822 sft
605 N Main St, Morton, IL, 61550
Property at 642 N 3rd Ave #7, Morton, IL
Listed for sale 4 days ago
$ 150,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign11
  • 2 Bed
  • 2 Bath
  • 1569 sft
642 N 3rd Ave #7, Morton, IL, 61550
Property at 440 E Fernwood St, Morton, IL
$ 199,900
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign171
  • 3 Bed
  • 2 Bath
  • 1694 sft
440 E Fernwood St, Morton, IL, 61550
Property at 325 N Illinois Ave, Morton, IL
$ 199,900
ROI
28.9ROI percentage
Cash Flow/m
Dollar sign511
  • 3 Bed
  • 1 Bath
  • 2308 sft
325 N Illinois 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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