Is Morrison, IL a good place to invest in rental property?

Morrison, IL has a median modeled monthly cash flow of $-213 and a median cap rate of 4.6%, on a median sold price of $146,500. Prices changed +9.9% year over year.

What is the average cap rate in Morrison, IL?

The median cap rate across recently sold homes in Morrison, IL is 4.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Morrison, IL?

The median sold price in Morrison, IL is $146,500 (about $94 per square foot).

Investing in Morrison, IL Real Estate

A data-driven snapshot of the Morrison, IL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$146,500Median sold price

$94Median $/sqft

4.6%Median cap rate

$-213Modeled cash flow / mo

+9.9%Appreciation YoY

4.8Months of supply

38Active listings

95Sold (last 12 mo)

What the Morrison numbers say

In Morrison, IL, the median home sold for $146,500 (about $94 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-213 of monthly cash flow. Sold prices moved +9.9% over the past year. Inventory sits at about 4.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Illinois markets to compare

See Morrison cash-flowing listings

CashFlowRE ranks every for-sale home in Morrison, IL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Morrison deals, or browse the national market data.