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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Mount Morris, IL
Rental Income
$ 249,999
ROI
24.1
Cash Flow/m
300- 5 Bed
- 3 Bath
- 2975 sft
107 N Wesley Ave, Mount Morris, IL, 61054
$ 124,900
ROI
23.2Cash Flow/m
119- 2 Bed
- 1 Bath
- 1426 sft
313 E Lincoln St, Mount Morris, IL, 61054
Fix & Flip
$ 172,900
ROI
22.4Cash Flow/m
127- 3 Bed
- 2 Bath
- 2126 sft
1854 N Weller Dr, Mount Morris, IL, 61054
$ 187,000
ROI
29.0Cash Flow/m
481- 3 Bed
- 2 Bath
- 2353 sft
503 W Center St, Mount Morris, IL, 61054
Why Invest in Mount Morris, Illinois?
Investing in Mount Morris, IL, particularly in single-family homes, can yield attractive returns. With an average rental yield of 7% and solid appreciation rates of about 3% annually, this area is becoming increasingly appealing to investors. Furthermore, the local market exhibits strong demand, with 85% of homes being renter-occupied.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price for single-family homes in Mount Morris is approximately $1,200 per month. This makes it an attractive market for both renters and investors.
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