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

Investment Properties for Sale in Andover, KS

Why Invest in Andover, Kansas?

Andover, Kansas offers compelling opportunities for real estate investors seeking exposure to the Wichita metropolitan area with lower entry costs than the urban core. The city has experienced robust population growth of 7.53% annually, reaching 17,000 residents in 2026, driven by its proximity to Wichita and affordable housing relative to regional markets. Strategic location just 5 minutes from Kansas's largest city provides tenants with employment access while maintaining suburban affordability. With a median age of 36.2 years, Andover attracts working-age professionals and families seeking value-oriented communities. The city's 10-square-mile footprint and ongoing development create favorable conditions for both rental and appreciation-focused strategies.

8.5%
Avg. ROI
6.2%
Rental Yield
7.1%
Cap Rate
$1850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.8%
1Y Appreciation

Frequently Asked Questions

Andover offers strong population growth (7.53% annually), affordable entry prices relative to Wichita, and strategic location 5 minutes from Kansas's largest city. The city's working-age demographic (median age 36.2) and 62% renter-occupied housing stock create stable rental demand for investors.

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