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

$ 174,500
ROI
24.3
Cash Flow/m
222- 4 Bed
- 2 Bath
- 1440 sft
414 6th St, Andover, IL, 61233
$ 245,000
ROI
26.0
Cash Flow/m
425- 5 Bed
- 3 Bath
- 2332 sft
725 Oak St, Andover, IL, 61233

$ 209,900
ROI
48.4
Cash Flow/m
1675- 3 Bed
- 3 Bath
- 2634 sft
611 6th St, Andover, IL, 61233

$ 139,900
ROI
29.9
Cash Flow/m
396- 3 Bed
- 1 Bath
- 2184 sft
318 Meadowcrest Dr, Andover, IL, 61233
Why Invest in Andover, Illinois?
Investing in Andover, Illinois, presents a unique opportunity with a stable economic landscape and attractive rental yields. The area reports a favorable cap rate, making it ideal for multifamily properties. With a robust market growth and a solid appreciation trend, investors can expect reliable cash flow and increasing property values.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Andover is approximately $1,500, making it competitive for investors targeting the rental market.
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