High Rental Yield Investment Properties for Sale in Knoxville, IL

Listed for sale 5 days ago
$ 255,000
ROI
22.3
Cash Flow/m
181- 3 Bed
- 1 Bath
- 1528 sft
655 William Dr, Knoxville, IL, 61448

$ 220,000
ROI
29.6
Cash Flow/m
605- 3 Bed
- 2 Bath
- 1429 sft
615 S Broad St, Knoxville, IL, 61448

$ 264,000
ROI
23.5
Cash Flow/m
274- 4 Bed
- 3 Bath
- 2384 sft
990 William Dr, Knoxville, IL, 61448

$ 149,900
ROI
23.3
Cash Flow/m
148- 3 Bed
- 1 Bath
- 1152 sft
212 W Ann St, 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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