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

Listed for sale 1 day ago
$ 149,000
ROI
23.3
Cash Flow/m
149- 2 Bed
- 1 Bath
- 943 sft
277 lake Road, Andover, CT, 06232

$ 199,000
ROI
27.9
Cash Flow/m
448- 2 Bed
- 1 Bath
- 942 sft
239 Lake Road, Andover, CT, 06232

$ 279,900
ROI
23.7
Cash Flow/m
305- 4 Bed
- 1 Bath
- 1008 sft
7 Aspinall Drive, Andover, CT, 06232

$ 299,900
ROI
21.5
Cash Flow/m
149- 2 Bed
- 2 Bath
- 860 sft
233 Lake Rd, Andover, CT, 06232
Why Invest in Andover, Connecticut?
Investing in Andover, CT, where homes are available for under $300,000, provides a unique opportunity for potential buyers. The area showcases significant appreciation, with average rental yields around 6% and a cap rate that appeals to investors looking for steady cash flow. With a growing number of renters and favorable economic conditions, Andover is an attractive market for both seasoned investors and first-time homebuyers.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$500/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Andover is currently under $300,000, making it an appealing market for budget-conscious buyers.
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