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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 3 days ago
$ 285,000
ROI
30.2
Cash Flow/m
831- 3 Bed
- 2 Bath
- 1828 sft
149 Jay Ave, Morton, IL, 61550
Listed for sale 3 days ago
$ 240,000
ROI
29.9Cash Flow/m
678- 3 Bed
- 1 Bath
- 2396 sft
116 N Montana Ave, Morton, IL, 61550
$ 164,900
ROI
23.7Cash Flow/m
179- 2 Bed
- 1 Bath
- 916 sft
334 S Nelson Ave, Morton, IL, 61550
$ 285,000
ROI
28.0Cash Flow/m
651- 3 Bed
- 2 Bath
- 2204 sft
84 Spruce 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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