Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 unique opportunities for real estate, especially in the under $500k bracket. With a growing job market and reasonable living costs, investors may find favorable rental yields and cash flow potential here. The average rent remains competitive, ensuring good tenant interest and occupancy rates.
7.5%
Avg. ROI
5.2%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Investing in properties under $500k in Andover can yield higher rental returns due to lower entry costs. The demand for affordable rentals remains strong, drawing both families and young professionals.
Find Your Perfect Investment Property in Andover, Illinois
Explore investment opportunities by strategy, performance, or property type
