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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 today
$ 169,900
ROI
22.5
Cash Flow/m
132- 2 Bed
- 1 Bath
- 822 sft
605 N Main St, Morton, IL, 61550
Listed for sale 2 days ago
$ 240,000
ROI
20.5Cash Flow/m
47- 3 Bed
- 2 Bath
- 3016 sft
917 E Emerson St, Morton, IL, 61550
Listed for sale 3 days ago
$ 150,000
ROI
20.0Cash Flow/m
11- 2 Bed
- 2 Bath
- 1569 sft
642 N 3rd Ave #7, Morton, IL, 61550
$ 199,900
ROI
22.8Cash Flow/m
171- 3 Bed
- 2 Bath
- 1694 sft
440 E Fernwood 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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