140 Wilson WayMankatoMN56001
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
Investment property for sale in Mankato at 140 Wilson Way, Mankato, MN, 56001 uses $67,958 cash to close to unlock $11,783/yr annual cash flow and $982/mo monthly cash flow. Total monthly income runs $2,297/mo, and a $1,003/mo payment keeps the spread at $982/mo. Purchase price stands at $205,000, and rental yield measures 13.45% with $2,297/mo rent. Return on cash invested shows 37.25% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 196.12% and total cumulative return in cash records $133,278. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,297/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1960
6,534 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
Listed by: Angie VanEman Lynch • American Way Realty
Mls Name: RASM
Mls Provider:
Mls ID: #7038702
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-12-22 02:02:34 PST