145 S Skyline DrSkylineMN56001
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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 Skyline at 145 S Skyline Dr, Skyline, MN, 56001 listed at $367,700 pairs $2,382/mo rent with a $1,800/mo payment to leave $86/mo cash flow. Total monthly income runs $2,382/mo, and annual cash flow reaches $1,027/yr on $121,893 cash to close. Return on cash invested measures 20.75% in year one, and rental yield registers 7.77% at a $367,700 basis. Equity gained on principal adds $2,373/yr, and annual property appreciation at 5% supports $101,589 by year five. Five-year ROI tracks 107.44% and total cumulative return in cash totals $130,959. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,382/mo property income relative to a $1,800/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
0.29 Acres 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
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