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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Andover, KS

$ 150,000
ROI
23.5
Cash Flow/m
155- 3 Bed
- 1 Bath
- 880 sft
726 S Prairie Dr, Andover, KS, 67002

Fix & Flip
$ 170,000
ROI
24.3
Cash Flow/m
213- 3 Bed
- 2 Bath
- 1248 sft
426 W Allison St, Andover, KS, 67002

$ 110,000
ROI
33.4
Cash Flow/m
418- 2 Bed
- 1 Bath
- 1228 sft
920 W Clyde St, Andover, KS, 67002

$ 200,000
ROI
26.5
Cash Flow/m
374- 3 Bed
- 2 Bath
- 1149 sft
305 Valleyview Ct, Andover, KS, 67002
Why Invest in Andover, Kansas?
Investing in properties under $200k in Andover, KS, offers a unique opportunity for real estate investors looking for affordable options. With an average rental yield of around 7%, investors can enjoy stable cash flow from tenants in this growing community. Additionally, the local real estate market boasts a cap rate of 6%, indicating healthy returns on investment.
10%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Andover, KS, is approximately $1,200 per month. This can vary based on the property type and location within the city.
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