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

Multi Family Investment Properties for Sale in Andover, KS

Property at 1315 N Azena St, Andover, KS
Currently Rented
$ 364,900
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign328
  • - Bed
  • - Bath
  • 2448 sft
1315 N Azena St, Andover, KS, 67002
Property at 920 W Clyde St, Andover, KS
$ 110,000
ROI
33.4ROI percentage
Cash Flow/m
Dollar sign418
  • 2 Bed
  • 1 Bath
  • 1228 sft
920 W Clyde St, Andover, KS, 67002
Property at 702 W Autumn Ridge Ct, Andover, KS
$ 225,000
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign187
  • 3 Bed
  • 2 Bath
  • 1326 sft
702 W Autumn Ridge Ct, Andover, KS, 67002
Property at 708 Autumn Ridge Ct, Andover, KS
$ 185,000
ROI
29.5ROI percentage
Cash Flow/m
Dollar sign503
  • 3 Bed
  • 3 Bath
  • 2070 sft
708 Autumn Ridge Ct, Andover, KS, 67002

Why Invest in Andover, Kansas?

Multi-family properties in Andover, KS offer strong investment potential with steady rental demand from growing families and commuters. Average rents hold firm around $1,400 monthly while cap rates near 7% provide solid cash flow. Renter occupancy exceeds 35%, supported by proximity to Wichita jobs. Annual appreciation of 2-3% adds long-term value in this stable suburb. Low vacancy risks make it ideal for passive income strategies.

8.5%
Avg. ROI
7.2%
Rental Yield
7.1%
Cap Rate
$18500/mo
Avg. Cash Flow
$1420/mo
Avg. Rent
2.1%
1Y Appreciation

Frequently Asked Questions

Proximity to Wichita jobs drives consistent renter demand for multi-family units. Stable cap rates around 7% and low vacancies under 5% ensure reliable cash flow. Appreciation supports long-term holds.

Find Your Perfect Investment Property in Andover, Kansas

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