Single Family Investment Properties for Sale in Andover, KS

Listed for sale 1 day ago
$ 250,000
ROI
29.5
Cash Flow/m
678- 3 Bed
- 4 Bath
- 2090 sft
623 Marsha Ct, Andover, KS, 67002

Listed for sale 2 days ago
$ 360,000
ROI
25.2
Cash Flow/m
547- 4 Bed
- 3 Bath
- 2900 sft
227 W Pine View Dr, Andover, KS, 67002

Listed for sale 4 days ago
$ 359,900
ROI
28.6
Cash Flow/m
884- 5 Bed
- 3 Bath
- 3588 sft
1618 W Elm St, Andover, KS, 67002

$ 289,000
ROI
22.5
Cash Flow/m
222- 3 Bed
- 3 Bath
- 2060 sft
1601 W Savage Ct, Andover, KS, 67002
Why Invest in Andover, Kansas?
Andover, KS offers strong opportunities for single-family home investments with stable rental demand from families. Average rents around $1,800 support solid cash flows, while cap rates hover at 6-7%. Annual appreciation of 2% and 35% renter occupancy make it appealing for long-term holds. Proximity to Wichita boosts workforce stability and housing needs.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
Average ROI for single-family investments in Andover is around 8.5%, driven by steady rents and appreciation. This factors in 6.5% cap rates and low vacancies. Data aligns with regional housing trends from public sources.
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