Under $200K Investment Properties for Sale in Knoxville, IL
$ 149,900
ROI
23.3
Cash Flow/m
148- 3 Bed
- 1 Bath
- 1152 sft
212 W Ann St, Knoxville, IL, 61448
$ 149,900
ROI
22.1Cash Flow/m
98- 4 Bed
- 2 Bath
- 2074 sft
210 S Timber St, Knoxville, IL, 61448
$ 120,000
ROI
21.9Cash Flow/m
71- 3 Bed
- 1 Bath
- 936 sft
609 Glenway Ave, Knoxville, IL, 61448
$ 159,900
ROI
22.6Cash Flow/m
128- 2 Bed
- 1 Bath
- 1276 sft
605 Glenway Ave, Knoxville, IL, 61448
Why Invest in Knoxville, Illinois?
Investing in Knoxville, IL offers attractive opportunities with properties under $200k. The area's affordability, combined with a current average rental yield of 8% and a cap rate of 7%, makes it a compelling choice for investors. Additionally, appreciation rates averaging around 3% provide a solid basis for future value growth.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Knoxville, IL is around $1200 per month. This price reflects the market's competitiveness and the quality of available properties.
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