Investment Properties Under $300K in Andover, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Andover, IL

Property at 414 6th St, Andover, IL
$ 174,500
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign222
  • 4 Bed
  • 2 Bath
  • 1440 sft
414 6th St, Andover, IL, 61233
Property at 725 Oak St, Andover, IL
$ 245,000
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign425
  • 5 Bed
  • 3 Bath
  • 2332 sft
725 Oak St, Andover, IL, 61233
Property at 611 6th St, Andover, IL
$ 209,900
ROI
48.4ROI percentage
Cash Flow/m
Dollar sign1675
  • 3 Bed
  • 3 Bath
  • 2634 sft
611 6th St, Andover, IL, 61233
Property at 318 Meadowcrest Dr, Andover, IL
$ 139,900
ROI
29.9ROI percentage
Cash Flow/m
Dollar sign396
  • 3 Bed
  • 1 Bath
  • 2184 sft
318 Meadowcrest Dr, Andover, IL, 61233

Why Invest in Andover, Illinois?

Investing in properties under $300k in Illinois can offer great opportunities for savvy investors. With an average ROI of 10% and a rental yield of 8%, the Illinois real estate market remains competitive. Additionally, the state has seen consistent appreciation rates around 4% annually, making it a solid choice for investment growth.

10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

Investing in properties under $300k in Illinois offers competitive rental yields and appreciation potential. This market is often less saturated, providing unique opportunities for both new and experienced investors.

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