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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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
26.0Cash Flow/m
425- 5 Bed
- 3 Bath
- 2332 sft
725 Oak St, Andover, IL, 61233
$ 209,900
ROI
48.4Cash Flow/m
1675- 3 Bed
- 3 Bath
- 2634 sft
611 6th St, Andover, IL, 61233
$ 139,900
ROI
29.9Cash Flow/m
396- 3 Bed
- 1 Bath
- 2184 sft
318 Meadowcrest Dr, Andover, IL, 61233
Why Invest in Andover, Illinois?
Investing in Andover, IL offers a unique opportunity for single-family home buyers. With a stable rental yield and an average cash flow that appeals to both new and seasoned investors, this area showcases potential for property appreciation in the coming years. Andover's low vacancy rate further enhances its appeal as a solid investment market.
9%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Rental rates for single-family homes in Andover currently average around $1,500 per month. This reflects a stable rental market, attracting both renters and investors.
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