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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
$ 138,900
ROI
23.0
Cash Flow/m
125- 3 Bed
- 1 Bath
- 1008 sft
814 W Sunnyview Ave, Knoxville, IL, 61448
$ 165,000
ROI
22.1Cash Flow/m
109- 3 Bed
- 2 Bath
- 1703 sft
203 W Main St, Knoxville, IL, 61448
$ 210,000
ROI
29.1Cash Flow/m
549- 3 Bed
- 2 Bath
- 1616 sft
109 Ivy Ln, Knoxville, IL, 61448
$ 230,000
ROI
23.1Cash Flow/m
217- 2 Bed
- 1 Bath
- 1340 sft
1195 Eiker Rd, 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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