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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
$ 375,000
ROI
26.9
Cash Flow/m
742- 4 Bed
- 3 Bath
- 2312 sft
14350 Hummingbird St NW, Andover, MN, 55304
Listed for sale 1 day ago
$ 479,900
ROI
23.9Cash Flow/m
550- 4 Bed
- 3 Bath
- 3182 sft
15002 Avocet St NW, Andover, MN, 55304
Listed for sale 2 days ago
$ 390,000
ROI
23.8Cash Flow/m
437- 3 Bed
- 2 Bath
- 1824 sft
1212 142nd Ln NW, Andover, MN, 55304
Listed for sale 3 days ago
$ 449,900
ROI
28.4Cash Flow/m
1082- 5 Bed
- 3 Bath
- 2912 sft
15725 Sycamore 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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