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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Mount Morris, IL
$ 175,000
ROI
26.8
Cash Flow/m
345- 3 Bed
- 1 Bath
- 1780 sft
411 E Lincoln St, Mount Morris, IL, 61054
$ 179,900
ROI
23.1Cash Flow/m
166- 3 Bed
- 2 Bath
- 1800 sft
411 S McKendrie St, Mount Morris, IL, 61054
$ 205,000
ROI
27.8Cash Flow/m
460- 3 Bed
- 2 Bath
- 1456 sft
409 Barbara St, Mount Morris, IL, 61054
$ 149,900
ROI
29.5Cash Flow/m
406- 3 Bed
- 2 Bath
- 1524 sft
205 E Brayton Rd, Mount Morris, IL, 61054
Why Invest in Mount Morris, Illinois?
Investing in Mount Morris, IL presents unique opportunities for real estate investors, especially in rental properties. With a growing demand for rentals, the average rental yield stands at a competitive rate of 7%. This small town also sees consistent appreciation, making it an appealing location for long-term investment.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Mount Morris, IL is approximately $950 per month, which is relatively affordable compared to nearby areas.
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