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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
$ 198,500
ROI
22.5
Cash Flow/m
152- 4 Bed
- 1 Bath
- 1798 sft
1115 Pheasant Dr, Knoxville, IL, 61448
$ 199,900
ROI
25.1Cash Flow/m
298- 3 Bed
- 2 Bath
- 1320 sft
601 Glenway Ave, Knoxville, IL, 61448
$ 155,000
ROI
23.2Cash Flow/m
146- 3 Bed
- 1 Bath
- 858 sft
705 Swedenburg Rd, Knoxville, IL, 61448
$ 205,000
ROI
28.0Cash Flow/m
473- 3 Bed
- 2 Bath
- 1781 sft
725 Pleasant Dr, 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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