Investment Properties Under $200K in Mount Morris, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Mount Morris, IL

Property at 313 E Lincoln St, Mount Morris, IL
$ 124,900
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign119
  • 2 Bed
  • 1 Bath
  • 1426 sft
313 E Lincoln St, Mount Morris, IL, 61054
Property at 1854 N Weller Dr, Mount Morris, IL
Fix & Flip
$ 172,900
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign127
  • 3 Bed
  • 2 Bath
  • 2126 sft
1854 N Weller Dr, Mount Morris, IL, 61054
Property at 503 W Center St, Mount Morris, IL
$ 187,000
ROI
29.0ROI percentage
Cash Flow/m
Dollar sign481
  • 3 Bed
  • 2 Bath
  • 2353 sft
503 W Center St, Mount Morris, IL, 61054
Property at 205 Sunset Ln, Mount Morris, IL
$ 112,900
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign110
  • 2 Bed
  • 1 Bath
  • 768 sft
205 Sunset Ln, Mount Morris, IL, 61054

Why Invest in Mount Morris, Illinois?

Investing in Mount Morris, IL offers unique opportunities for properties priced under $200k. With affordable housing options, this area provides an attractive entry point for investors seeking good rental yields and solid cash flow. The local real estate market is backed by a stable economic environment, making it a prudent choice for long-term investment.

8.5%
Avg. ROI
6%
Rental Yield
10.2%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average property prices in Mount Morris, IL, especially for homes under $200k, make it an attractive area for first-time investors. This affordability allows for diverse investment strategies.

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