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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
$ 225,000
ROI
29.0
Cash Flow/m
578- 4 Bed
- 2 Bath
- 2220 sft
5 E Lincoln St, Mount Morris, IL, 61054
$ 220,000
ROI
30.6Cash Flow/m
666- 3 Bed
- 2 Bath
- 2028 sft
109 W Main St, Mount Morris, IL, 61054
$ 114,900
ROI
21.9Cash Flow/m
67- 2 Bed
- 1 Bath
- 800 sft
312 Hill St, Mount Morris, IL, 61054
$ 235,000
ROI
19.9Cash Flow/m
11- 3 Bed
- 3 Bath
- 2100 sft
510 W Hitt 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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