Save Search
Filters Applied
EditEdit Filters
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
$ 394,900
ROI
26.9
Cash Flow/m
784- 4 Bed
- 2 Bath
- 1718 sft
14284 Zilla St NW, Andover, MN, 55304
Listed for sale 1 day ago
$ 419,900
ROI
24.1Cash Flow/m
511- 3 Bed
- 2 Bath
- 1862 sft
3808 172nd Ln NW, Andover, MN, 55304
Listed for sale 2 days ago
$ 440,000
ROI
26.3Cash Flow/m
798- 4 Bed
- 2 Bath
- 1450 sft
15347 Wintergreen St NW, Andover, MN, 55304
Listed for sale 2 days ago
$ 365,000
ROI
28.7Cash Flow/m
907- 4 Bed
- 2 Bath
- 1792 sft
2718 140th Ln 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.
Find Your Perfect Investment Property in Andover, Minnesota
Explore investment opportunities by strategy, performance, or property type
