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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 1 day ago
$ 405,000
ROI
22.2
Cash Flow/m
274- 4 Bed
- 3 Bath
- 2570 sft
145 S Shay Rd, Andover, KS, 67002
Listed for sale 2 days ago
$ 165,000
ROI
24.3Cash Flow/m
207- 3 Bed
- 2 Bath
- 1528 sft
530 S Ruth Ave, Andover, KS, 67002
Fix & Flip
Listed for sale 4 days ago
$ 300,000
ROI
26.8Cash Flow/m
585- 4 Bed
- 3 Bath
- 2219 sft
1521 E Rose Ln, Andover, KS, 67002
Listed for sale 4 days ago
$ 370,000
ROI
25.1Cash Flow/m
551- 5 Bed
- 3 Bath
- 2884 sft
704 W Point 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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