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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Knoxville, IL

$ 198,500
ROI
22.5
Cash Flow/m
152- 4 Bed
- 1 Bath
- 1798 sft
1115 Pheasant Dr, Knoxville, IL, 61448

$ 199,900
ROI
25.1
Cash Flow/m
298- 3 Bed
- 2 Bath
- 1320 sft
601 Glenway Ave, Knoxville, IL, 61448

$ 155,000
ROI
23.2
Cash Flow/m
146- 3 Bed
- 1 Bath
- 858 sft
705 Swedenburg Rd, Knoxville, IL, 61448

$ 180,500
ROI
25.5
Cash Flow/m
287- 3 Bed
- 2 Bath
- 1797 sft
597 Walnut St, 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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