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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Knoxville, IL
Listed for sale 1 day ago
$ 224,900
ROI
26.6
Cash Flow/m
431- 3 Bed
- 2 Bath
- 1455 sft
591 Walnut St, Knoxville, IL, 61448
$ 235,000
ROI
23.6Cash Flow/m
253- 4 Bed
- 1 Bath
- 1896 sft
969 Eiker Dr, Knoxville, IL, 61448
Currently Rented
$ 225,000
ROI
25.3Cash Flow/m
350- 4 Bed
- 2 Bath
- 1664 sft
1201 Eiker Rd, Knoxville, IL, 61448
$ 350,000
ROI
21.8Cash Flow/m
202- 3 Bed
- 4 Bath
- 1951 sft
705 Pleasant Dr, Knoxville, IL, 61448
Why Invest in Knoxville, Illinois?
Investing in Knoxville, IL offers a high rental yield for investors looking to maximize cash flow. With an average rental yield of 7.3% and a solid cap rate of 8.5%, this market provides appealing returns. Additionally, the area's rental rates have seen a steady increase, making it a promising location for property investment. Knoxville also boasts a healthy appreciation rate of 4%, attracting more renters and positively impacting cash flow.
12%
Avg. ROI
7.3%
Rental Yield
8.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Knoxville, IL is approximately 7.3%, making it an attractive market for potential investors.
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