Under $300K Investment Properties for Sale in Knoxville, IL
Listed for sale 5 days ago
$ 255,000
ROI
22.3
Cash Flow/m
181- 3 Bed
- 1 Bath
- 1528 sft
655 William Dr, Knoxville, IL, 61448
$ 220,000
ROI
29.6Cash Flow/m
605- 3 Bed
- 2 Bath
- 1429 sft
615 S Broad St, Knoxville, IL, 61448
$ 264,000
ROI
23.5Cash Flow/m
274- 4 Bed
- 3 Bath
- 2384 sft
990 William Dr, Knoxville, IL, 61448
$ 149,900
ROI
23.3Cash Flow/m
148- 3 Bed
- 1 Bath
- 1152 sft
212 W Ann 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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