Under $500K Investment Properties for Sale in Mount Morris, IL

Property at 420 E Hitt St, Mount Morris, IL
$ 165,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign117
  • 3 Bed
  • 2 Bath
  • 1650 sft
420 E Hitt St, Mount Morris, IL, 61054
Property at 507 W 1st St, Mount Morris, IL
$ 167,500
ROI
28.5ROI percentage
Cash Flow/m
Dollar sign405
  • 3 Bed
  • 1 Bath
  • 1290 sft
507 W 1st St, Mount Morris, IL, 61054
Property at 5 E Lincoln St, Mount Morris, IL
$ 225,000
ROI
29.0ROI percentage
Cash Flow/m
Dollar sign578
  • 4 Bed
  • 2 Bath
  • 2220 sft
5 E Lincoln St, Mount Morris, IL, 61054
Property at 109 W Main St, Mount Morris, IL
$ 220,000
ROI
30.6ROI percentage
Cash Flow/m
Dollar sign666
  • 3 Bed
  • 2 Bath
  • 2028 sft
109 W Main St, Mount Morris, IL, 61054

Why Invest in Mount Morris, Illinois?

Investing in Mount Morris, IL offers great opportunities, especially for properties under $500k. The area's affordability combined with a healthy rental market makes it attractive for investors looking for steady cash flow and appreciation potential.

8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rent in Mount Morris is approximately $800, which presents a good opportunity for investors looking for rental income.

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