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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Knoxville, IL
$ 159,900
ROI
22.6
Cash Flow/m
128- 2 Bed
- 1 Bath
- 1276 sft
605 Glenway Ave, Knoxville, IL, 61448
$ 224,900
ROI
21.7Cash Flow/m
119- 3 Bed
- 2 Bath
- 1924 sft
900 S Broad St, Knoxville, IL, 61448
$ 220,000
ROI
26.3Cash Flow/m
398- 3 Bed
- 2 Bath
- 1492 sft
814 S Market St, Knoxville, IL, 61448
$ 138,900
ROI
21.8Cash Flow/m
81- 3 Bed
- 3 Bath
- 1280 sft
411 E North St, Knoxville, IL, 61448
Why Invest in Knoxville, Illinois?
Investing in Knoxville, IL, means exploring affordable housing options, especially properties under $300k. With an average ROI of around 8% and a rental yield near 6%, this locale presents a promising opportunity for both new and seasoned investors. The recent appreciation rate of 5% further highlights the potential for long-term gains as demand for budget-friendly homes continues to rise.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average home price in Knoxville is currently around $250,000, making it an attractive market for budget-conscious buyers and investors alike.
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