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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Andover, KS
Listed for sale 2 days ago
$ 310,000
ROI
24.7
Cash Flow/m
429- 5 Bed
- 3 Bath
- 2238 sft
860 S Sunset Cir, Andover, KS, 67002
Listed for sale 5 days ago
$ 269,100
ROI
27.5Cash Flow/m
577- 2 Bed
- 2 Bath
- 1098 sft
2228 E Chicory St, Andover, KS, 67002
Listed for sale 5 days ago
$ 325,000
ROI
25.4Cash Flow/m
513- 5 Bed
- 3 Bath
- 2316 sft
516 E Shade St, Andover, KS, 67002
Listed for sale 7 days ago
$ 325,000
ROI
27.9Cash Flow/m
734- 4 Bed
- 3 Bath
- 2418 sft
1922 N Beretta Ct, Andover, KS, 67002
Why Invest in Andover, Kansas?
Discover investment opportunities in Andover, KS homes under $500K, offering strong entry points for cash-flowing properties. This Wichita suburb provides stable rental demand with average rents around $1,400 monthly. Cap rates hover at 6-7% while appreciation averages 4% annually. Renter occupancy exceeds 25%, supported by local job growth. Low vacancy and steady income growth make these properties attractive for long-term holds.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
These properties offer solid cap rates of 6-7% and average cash flow of $450 monthly. Proximity to Wichita jobs ensures steady renters. Appreciation at 4% annually adds long-term value.
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