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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
$ 219,000
ROI
27.5Cash Flow/m
471- 3 Bed
- 1 Bath
- 1391 sft
131 E Jadewood St, Morton, IL, 61550
Why Invest in Morton, Illinois?
Investing in Morton, IL, particularly in properties under $300k, promises great potential. With its affordable housing market, investors can benefit from a favorable rental yield and strong appreciation rates. Morton combines a vibrant community with a steadily growing job market, making it an attractive option for savvy investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Morton is about $1,200 per month, making it an affordable option for tenants.
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