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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 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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