Under $200K Investment Properties for Sale in Andover, MN
1262- - Bed
- - Bath
- - sft
1042- - Bed
- - Bath
- - sft
1035- - Bed
- - Bath
- - sft
372- 2 Bed
- 2 Bath
- 1357 sft
- 1 Bed
- 1 Bath
- 735 sft
- 1 Bed
- 1 Bath
- 668 sft
154- 3 Bed
- 1 Bath
- 2252 sft
143- 1 Bed
- 1 Bath
- 1016 sft
- 3 Bed
- 3 Bath
- 2316 sft
174- 2 Bed
- 1 Bath
- 796 sft
179- 3 Bed
- 1 Bath
- 815 sft
127- 3 Bed
- 2 Bath
- 2694 sft
174- 3 Bed
- 1 Bath
- 1684 sft
180- 2 Bed
- 2 Bath
- 1330 sft
- 1 Bed
- 1 Bath
- 650 sft
-- 3 Bed
- 2 Bath
- 1358 sft
151- 3 Bed
- 2 Bath
- 1456 sft
151- 3 Bed
- 1 Bath
- 680 sft
172- 3 Bed
- 3 Bath
- 1900 sft
-- 3 Bed
- 1 Bath
- 2157 sft
133- 3 Bed
- 2 Bath
- 1296 sft
167- - Bed
- - Bath
- 640 sft
419- 4 Bed
- 3 Bath
- 2760 sft
172- 3 Bed
- 2 Bath
- 1216 sft
- 1 Bed
- 1 Bath
- 700 sft
160- 3 Bed
- 2 Bath
- 1244 sft
129- 3 Bed
- 2 Bath
- 1296 sft
Why Invest in Andover, Minnesota?
Investing in Andover, MN under $200k properties offers a unique opportunity to tap into a growing suburban market with steady appreciation. The area shows an average ROI of 6.2%, supported by a rental yield of 7.5% and cap rates near 5.3%. Average cash flow remains healthy due to reasonable rent prices averaging $1,200 per month. Renter-occupied properties make up about 40% of the housing stock, indicating strong rental demand. Market appreciation is steady at approximately 3% annually, making it a suitable choice for long-term investors.
Frequently Asked Questions
Properties under $200k in Andover mostly include smaller single-family homes and some condos. These properties are suitable for first-time investors seeking affordable entry points in a growing market.
Find Your Perfect Investment Property in Andover, Minnesota
Explore investment opportunities by strategy, performance, or property type
