Morris, IL — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.2%

Below average

Monthly Cash Flow

-$559

After all expenses

Price-to-Rent

13.8

Investor-friendly

DSCR

0.66

Fails

📊 Key Metrics

Median Home Price
$311,673
Average Rent (3BR)
$1,880/mo
Price-to-Rent Ratio
13.8(good)
1% Rule
0.60%(fails — need 1%+)
Cash-on-Cash Return
-9.4%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Morris for Investors

60450
Cap Rate: 4.2%Cash Flow: -$559/mo$311,673
60450
Cap Rate: 4.2%Cash Flow: -$559/mo$311,673

All Zip Codes in Morris

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
604504.2%-$559$311,673$1,880/mo0.66
604504.2%-$559$311,673$1,880/mo0.66