133 Lincoln StMankatoMN56001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mankato at 133 Lincoln St, Mankato, MN, 56001 priced at $220,000 converts $1,882/mo rent into $508/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,882/mo, and annual cash flow totals $6,096/yr on $72,930 invested. Return on cash invested prints 28.27% in year one, and rental yield reads 10.27% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 147.74% and total cumulative return in cash sums $107,747. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,882/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1913
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56001, Mankato, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,652 (100%) |
| Owner Occupied HU | 11,305 (49.9%) |
| Renter Occupied HU | 9,849 (43.5%) |
| Vacant Housing Units | 1,498 ( 6.6%) |
| Median Home Value | $318,757 |
| Average Home Value | $350,559 |
Housing Distribution
Address Breakdown
Residential
21,723
Single Family
15,275
Multi-Family
6,448
Businesses
1,781
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices