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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Andover, MN
Listed for sale 1 day ago
$ 369,900
ROI
26.8
Cash Flow/m
720- 3 Bed
- 2 Bath
- 1799 sft
13665 Xavis St NW, Andover, MN, 55304
Listed for sale 1 day ago
$ 260,000
ROI
29.5Cash Flow/m
701- 3 Bed
- 2 Bath
- 1420 sft
3454 138th Ct NW, Andover, MN, 55304
Listed for sale 5 days ago
$ 367,000
ROI
26.4Cash Flow/m
678- 3 Bed
- 2 Bath
- 1804 sft
13563 Eidelweiss St NW, Andover, MN, 55304
Listed for sale 5 days ago
$ 385,000
ROI
21.9Cash Flow/m
225- 3 Bed
- 2 Bath
- 2241 sft
13773 Partridge St NW, Andover, MN, 55304
Why Invest in Andover, Minnesota?
Investing in Andover, MN properties under $500k offers a balanced opportunity with solid rental yields and steady appreciation. This mid-sized metro area features an average ROI of about 7%, with rental yields near 6%, making it attractive for investors targeting affordable residential units. Cap rates typically hover around 5%, while average cash flow stands at around $250 monthly. Renter occupancy rates maintain stability near 65%, supporting consistent income streams in this market.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Rental yields for properties under $500k in Andover average around 6%, providing a reliable income stream for investors.
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