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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 1 day ago
$ 229,000
ROI
24.0
Cash Flow/m
267- 2 Bed
- 2 Bath
- 1588 sft
209 Sycamore Ave, Morton, IL, 61550
Listed for sale 6 days ago
$ 218,000
ROI
27.8Cash Flow/m
486- 2 Bed
- 2 Bath
- 1319 sft
123 Willow Ct, Morton, IL, 61550
$ 214,900
ROI
28.3Cash Flow/m
513- 3 Bed
- 2 Bath
- 2485 sft
360 E Greenwood St, Morton, IL, 61550
Fix & Flip
$ 110,000
ROI
23.6Cash Flow/m
119- 4 Bed
- 2 Bath
- 1833 sft
408 W Jefferson 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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